F3 MM Simple Interest and Compound Interest and average cost

F3 MM Simple Interest and Compound Interest and average cost

3rd Grade

10 Qs

quiz-placeholder

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F3 MM Simple Interest and Compound Interest and average cost

F3 MM Simple Interest and Compound Interest and average cost

Assessment

Quiz

Mathematics

3rd Grade

Hard

Created by

at spmsej

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Kelly deposited RM9000 into his fixed account with interest rate 4% per annum.

2.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Ong would like to deposite RM2000 into bank for 4 years. Ginko Bank offers an interest rate of 2% per annum, compounded yearly. Calculate the total amount of money that Kim receives after 3 years.

3.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Johan saved RM4000 in a bank. How much is the interest rate compounded annually if his savings is RM5000 at the end of fourth year?

4.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Kevin saved RM50000 in a bank and received a simple interest 3.5% annually. How much is her saving afther a year?

5.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Cherry deposited RM5000 into fixed account with interest rate 3% per annum.Calculate his simple interest after 2 years.

6.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Sherry would like to deposit RM 1000 into a bank for 5 years. Gink Bank offers an interest rate of 3% per annum, compounded yearly. Calculate the total amount of money that Sherry receives after 3 years .

7.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Nicole has RM5000 in her saving account. How long she needed the simple interest rate is 2% per annum

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