
F3 MM Simple Interest and Compound Interest and average cost

Quiz
•
Mathematics
•
3rd Grade
•
Hard
at spmsej
Used 2+ times
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10 questions
Show all answers
1.
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5 mins • 1 pt
Kelly deposited RM9000 into his fixed account with interest rate 4% per annum.
2.
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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.
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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.
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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.
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5 mins • 1 pt
Cherry deposited RM5000 into fixed account with interest rate 3% per annum.Calculate his simple interest after 2 years.
6.
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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.
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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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