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secret

Authored by Jerome Fetalino Salada

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10th Grade

Used 3+ times

secret
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12 questions

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1.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Round your answer to the nearest whole number

Calculate the Simple Interest;

Principal Amount: 620,000 baht

Interest rate: 3%

Time: 27 months

(a)  

2.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

You invest a million baht in stocks. The bank will give you 5% simple interest. How much money will you have have if You decides to pull out his money in 7.5 years?

(a)  

3.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Calculate the compound interest of 100,000 baht invested at 3.85% compounded annually for 15 years. Round your answer to the nearest whole number

(a)  

4.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Calculate the compound interest; 860,000 baht invested at 4.67% compounded monthly for 7 years. Round your answer to the nearest whole number.

(a)  

5.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Calculate the compound interest; 930,000 baht invested at 8.24% compounded quarterly for 12 years. Round your answer to the nearest whole number.

(a)  

6.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Let's say your Dad decide to invest some money for you on your 18th birthday. They invest half million baht at a 2% interest rate that is compounded semiannually. They have told you that you can’t take out the money until you are 35. How much money will you have at age 35? Round your answer to the nearest whole number.

(a)  

7.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Calculate the present value if the money is compounded as indicated;

       512,669.97 baht at 2.5% compounded quarterly for 8 years.

Round your answer to the nearest whole number.

(a)  

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