IGCSE Math Money
Authored by Sorayya AlJahsyi
Mathematics
12th Grade
CCSS covered
Used 2+ times
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9 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Convert $500 to pounds sterling using an exchange rate of 1 USD = 0.75 GBP.
450 GBP
600 GBP
250 GBP
375 GBP
Tags
CCSS.6.RP.A.3B
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Find the compound interest on $2000 at 8% per annum for 2 years, compounded annually.
The compound interest is $331.04.
The compound interest is $400.00.
The compound interest is $200.00.
The compound interest is $100.00.
Tags
CCSS.HSF.BF.A.2
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If the exchange rate is 1 USD = 110 JPY, how many Japanese yen can be obtained for $100?
22000 JPY
5500 JPY
11000 JPY
1000 JPY
Tags
CCSS.6.RP.A.3B
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A sum of $800 is invested at an interest rate of 6% per annum. Find the amount after 2 years if the interest is compounded annually.
The amount after 2 years with annual compounding interest is $855.25.
The amount after 2 years with annual compounding interest is $847.48.
The amount after 2 years with annual compounding interest is $830.50.
The amount after 2 years with annual compounding interest is $820.00.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Convert 250 euros to US dollars using an exchange rate of 1 EUR = 1.2 USD.
300
400
350
200
Tags
CCSS.6.RP.A.3B
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the simple interest on a principal amount of $1500 at an interest rate of 4% per annum for 5 years.
The simple interest is $350.
The simple interest is $300.
The simple interest is $250.
The simple interest is $200.
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Find the compound interest on $3000 at 10% per annum for 3 years, compounded semi-annually.
The compound interest is $500.00
The compound interest is $826.45
The compound interest is $600.00
The compound interest is $700.00
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