Mathematics-Chapter Three MFS

Which Statement describes the overdraf features?

• Interest on overdrafs is calculated annually

• Facility is given to account holder of current account

• The applicant must submit the referrer and the guarantor

• Based on the rates and return

Sammi makes a savings of RM 3000 in a bank with the interest rates 3% per annum.Calculates her total saving after 6 month.

• RM 45

• RM 90

• RM 3 045

• RM 3090

Determine types of Investment

• Real estates and gold

• Saving account and gold

• Fixed deposit account and real estate

• Real estate and saving account

Nabila bought 8000 units of unit trust with a total investment of RM 7 360 .Find the average cost of a unit shares.

• RM 2.50

• RM 1.45

• RM 0.80

• RM 0.92

A sum of money is deposit in a fixed deposit accounts to received a simple interest of RM 1 710 within 18 months at rate of 6% per annum. Find the sum of money.

• RM17 000

• RM18 000

• RM19 000

• RM20 000

__________ is a suspension of payment facility provided by the supplier to the user. For example,credit card and loans.

Senor Torres bought the following LED television with a full loan. Find the total of loan repayment and installment based on information above.

• RM 3096 and RM 77

• RM 4096 and RM 76

• RM 3096 and RM 86

• RM 3333 and RM 86

Aminah borrowed a sum of money from a bank for a period of 5 years with an interest rates of 7% per annum.If she needs to pay a monthly installment of RM 1800, Find Aminah's total loan.

• RM70 000

• RM80 000

• RM90 000

• RM100 000

Encik Chander wants to pay his brother school fees. He plans to make personal loan of RM60 000 from AmBank with a term of 7 years. Whats is the loan interest rates offered,if total loan repayments is RM 74 700?

• 4.3%

• 4.8%

• 3.5%

• 3.3%

Elite Company offers two loans schemes, P and Q for the purchase of a laptop with a selling price of RM4 000.Which loan scheme is suitable for chosen by you?

• Loan Scheme of P

• Loan Scheme of Q

• Both of Loan Scheme

• None as above.