management 2016
Quiz
•
Mathematics
•
2nd Grade
•
Practice Problem
•
Hard
Daniel Amare
Used 3+ times
FREE Resource
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6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 mins • 2 pts
The value of a computer depreciates at a rate of 20% per annum. A new computer costs
£1200. What will be its value after 2 years
768£
314.57£
128.85£
150£
2.
MULTIPLE CHOICE QUESTION
10 mins • 2 pts
The value of a computer depreciates at a rate of 20% per annum. A new computer costs
£1200. What will be its value after 10 years
£150
£128.85
£314.57
none
3.
MULTIPLE CHOICE QUESTION
10 mins • 2 pts
How much must Sam deposit in a 6% savings account if he wants it to amount to £120
after two years?
104.32
100.23
106 .799
108.78
4.
MULTIPLE CHOICE QUESTION
5 mins • 2 pts
You borrow £500 for four years and agree to pay 6 1 2 % compound interest for this period.
What amount will you have to pay back?
644.23
652.23
653.23
643. 233
5.
MULTIPLE CHOICE QUESTION
5 mins • 2 pts
Alan invests £140 in an account that pays r% interest. After the first year he receives
£4.20 interest.
What is the value of r, the rate of interest?
4
6
3
1
6.
MULTIPLE CHOICE QUESTION
5 mins • 2 pts
Natasha invests £250 in a building society account. At the end of the year her account is
credited with 2% interest. How much interest had her £250 earned in the year?
£5
£4
£9
£7
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