Mixed Finance - Math AI SL
Authored by Echo Fritch
Mathematics
11th - 12th Grade
CCSS covered
Used 20+ times
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15 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Peter invests AUD 2000 (AUD = Australian dollars) in a bank that offers simple interest at a rate of 3% per annum.
Calculate how much money he has in the bank after 10 years.
Enter only the numeric answer (without units).
Tags
CCSS.7.RP.A.3
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Peter invests AUD 2000 (AUD = Australian dollars) in another bank that offers 2.9% interest compounded annually.
Calculate how much money he has in the bank after 10 years to 2 dp.
Enter only the numeric answer (without units).
Tags
CCSS.HSF-LE.A.1C
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Saul bought a new bicycle for US$350. Ever year the value of the bicycle decreased by 12%. Find the value of the bicycle at the end of five years to the nearest dollar.
Enter only the numeric answer below (without units).
Tags
CCSS.HSF.BF.A.2
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Marek invested PLN 4500 (Polish złoty) in a bank that paid r% interest per annum compounded quarterly. After six years he had PLN 5179.27 in the bank. Find the interest rate.
Enter your answer as a percentage.
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Nathalie borrows €6500 for a motorcycle. The loan is for five years at 2.5% interest per annum. Find how much Nathalie's monthly payments are.
Enter only your numeric answer without units, to 2 dp.
Tags
CCSS.8.EE.C.7B
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A car has initial value $25,000. It falls in value by $1500 each year. How many years does it take for the value to reach $10,000?
Enter only your numeric answer.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
When digging a rail tunnel there is a cost of $10,000 for the first metre. Each additional metre costs $500 more per metre (so the second metre costs $10,500). How much does it cost to dig a tunnel 200 m long?
Enter only your numeric answer.
Tags
CCSS.HSF.BF.A.2
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