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Content Area: Math
Index: 4.3D Grade 8 CPI 4
Standard: 4.3 - Patterns and Algebra
Strand: D - Procedures
Cumulative Progress Indicator: 4- The student will create, evaluate, and simplify algebraic expressions involving variables · Order of operations, including appropriate use of parentheses · Distributive property · Substitution of a number for a variable · Translation of a verbal phrase or sentence into an algebraic expression, equation, or inequality, and vice versa
Grade: 8
Sample Assessment Question:
· In the compound interest formula A = P(1 + r/n)nt, A represents the value of the investment in the future, P is the amount of the original investment, r is the annual interest rate, t is the number of years of the investment, and n is the number of times the interest is compounded each year. Find the total amount after $2500 is invested for 18 years at a rate of 6%, compounded quarterly.
Answer: $7302.89
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