Card Sort
Here are some expressions to calculate the total amount for $800
and a 12% annual interest rate compounded using different intervals.
Match each expression with its compounding period and length. You will have one card left over.
800(1+0.01)^24
800(1+0.12/12)^(12*2)
800(1+0.12/4)^(4*3)
800(1+0.04)^(3*2)
800(1+0.03)^12