
Math Section 1
Authored by Manojwal Oddiraju
Mathematics
KG - Professional Development

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36 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You borrow $250 at 5% simple interest per week. If you ended up owing $350,
how long did it take for you to pay back the loan?
7 weeks
9 weeks
8 weeks
6 weeks
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If $200 is invested at 2.5% APR compounded quarterly (four times per year),
how much is the investment worth at the end of seven years?
$238.12
$238.11
$238.13
$238.10
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
At the end of five years, how much will an initial investment of $4000 be worth
if it earns 3.5% APR compounded monthly?
$4763.77
$5283.45
$4783.59
$8940.65
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
How much money did I invest initially if at the end of eight years I have $5500 in an account that earned 2.8% APR compounded quarterly?
$4399.67
$4587.23
$3820.34
$8510.20
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What interest rate is necessary for an investment to double in 10 years if it is compounded monthly?
0.579294%
6.9515%
69.5158%
5.68379%
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
I have 16 different shirts, 9 different pairs of pants, 2 pairs of shoes, 3 belts, and 12 ties. Assuming I ignore such factors as “color coordination” and “matching,” how many different outfits can I create?
144
288
864
10,368
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Eight runners are racing in the 200-meter dash. In how many different sequences could the runners finish the race?
16,777,216
40,320
54,320
45,769
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