# Hillsborough Squares - PowerPoint PPT Presentation

Hillsborough Squares

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Hillsborough Squares

## Hillsborough Squares

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##### Presentation Transcript

1. Welcome to... Hillsborough Squares A Game of X’s and O’s

2. 1 2 3 Ivana Winn Phil R. Up Dewey Cheatum Starring: Sand E. Beaches 4 5 6 Craven Sumfood Ima B. Utiful Seymour Money Anita Hugginkiss Lee V. Mediately 7 8 9

3. 1 2 3 Scoreboard X 4 5 6 O 7 8 9 Click Here if X Wins Click Here if O Wins

4. 1 Shivani invested \$6000 at 5% simple interest for 4 years. If Shivani had invested the money at 5% per year, compounded annually, how much more would her investment have been worth at the end of the 4 years?

5. 1 Answer \$93.04 more for compound interest Home

6. 2 • Determine what the value of an investment will be of \$875 at 4% per year, compounded quarterly, for 5 years.

7. 2 • Answer: • The investment will be \$1067.67 Home

8. 3 Akash has \$10 000 to invest. He invests \$3000 at 4% per year, compounded semi-annually. He deposits the remaining amount in a fund that pays 6% per year, compounded quarterly. What will be the total value of these investments if he leaves the investments for 10 years?

9. 3 Ans: Akash will have \$17 155.97 in ten years Answer for Square 3 Home

10. 4 Harpreet wants to make an investment today so that, after 8 years at 6% per year, compounded quarterly, she will have \$5500. How much does she need to invest today to reach her goal?

11. 4 Answer Harpreet will have to invest \$3,415.46 Home

12. 5 You borrowed money from a creditor. In 3 years, you will need to pay \$1550 for the total amount of the loan. The creditor will let you pay off the loan today at 3% per year, compounded semi-annually. How much will the creditor ask you to pay today?

13. 5 The creditor will ask you to pay \$1417.54 today. Home

14. 6 USE TVM solver How long will it take an investment of \$6000 to double at 8% per year, compounded quarterly?

15. 6 8.75 years Home

16. 7 USE TVM solver How much would you need to invest on your 16th birthday at 3% per year, compounded quarterly, to have \$750 000 by your 60th birthday?

17. 7 Ans: \$201 340.72 Home

18. 8 Chinsue wants to have \$5000 in 5 years. How much would she need to invest at each rate to reach her goal? a) 4.5% per year, Compounded semi- annually b) 4% per year, compounded quarterly

19. 8 • \$4002.55 • \$4097.72 Answer for Square 8 Home

20. 9 You have \$2800 to invest for 4 years. Which plan will earn you the greatest amount of interest? Plan A: 6.15% simple interest Plan B: 5.05% per year, compounded semi-annually Plan C: 3.4% per year, compounded quarterly

21. 9 Plan A is even. . Because , then is not even. Because , then is not odd. Therefore is neither. c) . Therefore, is even. d) . Therefore, is even. Answer for Square 9 Home

22. X X X X X X X X CONGRATULATIONS! CONGRATULATIONS! CONGRATULATIONS!

23. O O O O O O O O CONGRATULATIONS! CONGRATULATIONS! CONGRATULATIONS!