
Nat5 Compound Interest
Mathematics
9th - 12th Grade
CCSS covered
Used 3+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You invest £20,000 for 3 years at 5.2% interest compounded annually. How much money would you have at the end of 3 years?
£23,285.05
£3,285.05
£2,385
£32,285
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A car originally bought for £26,000 has decreased by 15% in the 1st year and 10% in the 2nd year. How much is the car now worth?
£19,500
£32,890
£19,890
£32,500
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Current population of Islay is 3,425 and is expected to decrease by 3% p.a. over the next 4 years? How many people are predicted to live on Islay in 4 years time?
3,014
3,032
3,836
3,855
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Change 6.75% to a decimal.
Tags
CCSS.5.NBT.A.3
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is 4.3% as a decimal?
4.3
.43
.043
4300
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The number of midges at the beginning of the summer was 400 billion. They are expected to grow in number by 25% per month. How many midges will there be after 4 months?
976 Billion
900 Billion
977 Billion
543 Billion
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A population of fish starts at 8,000 and decreases by 6% per year. What is the population of fish after 10 years?
Tags
CCSS.HSF-LE.A.1C
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