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Nat5 Compound Interest

Mathematics

9th - 12th Grade

CCSS covered

Used 3+ times

Nat5 Compound Interest
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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.

67.5
.675
675
.0675

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?

14327
4309
839
7680

Tags

CCSS.HSF-LE.A.1C

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