Interest Calculation Quiz
Quiz
•
Life Skills
•
12th Grade
•
Practice Problem
•
Medium
Jason Cross
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is the future value of a $1000 investment after 3 years at an annual simple interest rate of 5%?
$1150
$1050
$1500
$1100
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If you invest $500 at a compound interest rate of 4% annually, what will be the amount after 2 years?
$520.00
$540.80
$1080.00
$562.40
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the future value of a $200 investment after 4 years at a continuous interest rate of 3%.
$225.98
$226.81
$235.00
$212.55
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is the amount of simple interest earned on a $1500 investment over 5 years at an annual rate of 6%?
$450
$500
$900
$750
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A sum of $1000 is invested at a compound interest rate of 5% annually. What will be the amount after 5 years?
$1276.28
$1500.00
$1283.36
$1157.63
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the future value of a $2500 investment after 10 years at a continuous interest rate of 4%.
$3700.40
$3736.84
$3678.21
$3450.00
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the compound interest on a $600 investment after 3 years at an annual interest rate of 5%?
$92.61
$95.03
$100.00
$87.45
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