CAT 2 Grade 11 SBAC Practice Test Questions TOC | Lumos Learning

CAT 2 Question & Answer Key Resources Lumos StepUp - Smarter Balanced Online Practice and Assessments - Grade 11 Mathematics

Lumos StepUp - Smarter Balanced Online Practice and Assessments - Grade 11 Mathematics CAT 2

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Maria and Gorvick are comparing investment options for their vacation account. They see one option that compounds the interest annually. Based on their initial investment of $1000, they anticipate an account balance shown in the table below.

A friend of theirs tells them they could earn more interest if the interest was compounded more often, even if the interest rate is the same. Which option compounds the most often?

Resource: Question

Question Type: Multiple Choice - Single Answer

Standard(s):HSF.LE.A.2

Standard Description: Construct linear and exponential functions, including arithmetic and geometric sequences, given a graph, a description of a relationship, or two input-output pairs

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