Math Help Fun Compound Interest Help Accumulated Amount Java Game Help

Math Help - Compound Interest - Accumulated Amount - Car Race Theme - Game Tips:

- The compound amount A , can be calculated using the formula A = P(1+i)ⁿ
    where P is the principal amount invested (Example: $200.)
    i is the interest rate per conversion period (Example: 4% = .04)
    n is the number of conversion periods (Example: 5 years).

- Example 1: The compound amount that results from investing $200 for 5 years
    at the interest rate of 4% compounded annually is calculated as A = 200(1+.04)⁵.
    The expression A = 200(1.04)⁵ can be evaluated using a calculator to get A = 243.33 dollars.
    The calculator should have a button to do exponents. (Sample buttons: x^y , a^x , y^x etc.)

- Example 2: The compound amount that results from investing $200 for 5 years
    at the interest rate of 4% compounded quarterly is calculated as A = 200(1+.01)²⁰.
    The expression A = 200(1.01)²⁰ can be evaluated using a calculator to get A = 244.04 dollars.
    Interest rates (such as 4%) are quoted per annum unless otherwise stated.

- The game can be played using the mouse by itself or using the keyboard by itself.
- If the game doesn't respond to keyboard input, click inside the game area to reset the game's focus.
- Adjust the game's speed by pressing the + or - key repeatedly.