Simple interest
Quiz
•
Mathematics
•
9th - 11th Grade
•
Practice Problem
•
Hard
Noroja Rouzbehi
Used 2+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the simple interest on $4000 at 3.5% p.a. For 6 years?
$84
$840
$8400
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
To find the simple interest on $75 640 at 18.3% p.a. For 210 days, the calculation 75 640 x 0.183 should be multiplied by what fraction?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total value of investment of $17 400 over two years at 3.75% p.a. flat rate interest?
$1305
$13050
$18705
$187050
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A $13000 investment has earned $2808 in simple interest after 4 years. What is the annual interest rate?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many years would it take for an investment of $4000 with simple interest of 2.5% p.a. to earn $200 interest?
1 year
1.5 years
2 years
2.5 years
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
How much interest is charged for a loan of $8000 if 12 repayments of $900 was made?
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