PROBLEM SOLVING INVOLVING SIMPLE INTEREST

PROBLEM SOLVING INVOLVING SIMPLE INTEREST

11th Grade

5 Qs

quiz-placeholder

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PROBLEM SOLVING INVOLVING SIMPLE INTEREST

PROBLEM SOLVING INVOLVING SIMPLE INTEREST

Assessment

Quiz

Mathematics

11th Grade

Practice Problem

Hard

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Jenny invested money from Lucena Rural Bank at 1.05% simple interest for 3 years. It was charged ₱ 472.50 for interest.

What formula will be used to determine the amount invested?

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Jenny invested money from Lucena Rural Bank at 1.05% simple interest for 3 years. It was charged ₱ 472.50 for interest.

How much money did Jenny invest?

₱ 1,500.00

₱ 15,000.00

₱ 150,000.00

₱ 600,000.00

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Jenny invested money from Lucena Rural Bank at 1.05% simple interest for 3 years. It was charged ₱ 472.50 for interest.

How much is her accumulated money after 3 years?

₱ 1,947.50.00

₱ 600,472.50.00

₱ 150,472.50.00

₱₱ 15,472.50.00

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Jenny invested money from Lucena Rural Bank at 1.05% simple interest for 3 years. It was charged ₱ 472.50 for interest.

If Jenny invested the same amount of money at Lucena Cooperative Bank who

is offering an interest rate of 1.5% for 3 years how much interest will she gain?

₱ 325.00

₱ 475.00

₱ 675.00

₱ 825.00

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Jenny invested money from Lucena Rural Bank at 1.05% simple interest for 3 years. It was charged ₱ 472.50 for interest.

If Jenny invested the same amount of money at Lucena Cooperative Bank who

is offering an interest rate of 1.5% for 3 years. How much will she accumulate in 3 years if she invested in Lucena Cooperative Bank?

₱ 15,325.00

₱ 15,425.00

₱ 15,625.00

₱ 15,675.00

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