AFL2 Financial Maths Yr 12

What is the monthly repayment on a $125,000 loan, borrowed for a term of 5 years

• $2120

• $2650

• $668

• $1336

The table are the repayments for a lon of $1000. What is the monthly repayment for $4000, at 8%pa for 15 years?

• $38.24

• $9.56

• $38240

• $4800

• A

• B

• C

• D

How far would I get if I ran 7km/h for 3 hours?

• 21km

• 10km

• 2.3km

• 0.42km

How much do I still owe at 90 months?

• $15000

• $20000

• $10000

• cannot be determined without the rate

The table shows the montly repayments of $1000. Calculate the monthly repayments on a $450,000 loan that has been borrowed for 10 years at an interest rate of 7.5%.

• $7731

• $927720

• $17.18

• $17180

SImplify the ratio 14:98

• 1 : 7

• 2 : 36

• 7 : 15

• 2 :14

Iven is the youngest of three sons of a very rich king.

He leaves his fortune to his three sons in the ratio of 4 : 5 : 7 with Iven getting the smallest amount. How much does he get?

• 25%

• 4%

• 56%

• 20%

It would be true to say

• The median for class B is higherthan Class A

• Class A did better at the test

• the mark 82 is an outlier for Class A

• A mark of 82 would be in the top 25% of students in class B

The mode of the data would be

• 4

• 2

• 3

• 6