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Pre-Finals Bus.FIin

Authored by ANNE CARLOS

Business

1st Grade

Used 2+ times

Pre-Finals Bus.FIin
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28 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Marie wants to start-up her own Milk Tea Shop, She decided to take a bank loan for ABC Bank for

Php. 500,000.00 with an annual interest rate of 5.5% with in 5 Years.

Q: How much is the Principal?

Php. 137,500

Php. 27,500

Php. 500,000

Php. 2,500,000

2.

MULTIPLE CHOICE QUESTION

2 mins • 2 pts

Marie wants to start-up her own Milk Tea Shop, She decided to take a bank loan for ABC Bank for

Php. 500,000.00 with an annual interest rate of 5.5% with in 5 Years.

Q: How much is the quarterly rate?

5.5%

1.375%

22%

1.1%

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Marie wants to start-up her own Milk Tea Shop, She decided to take a bank loan for ABC Bank for

Php. 500,000.00 with an annual interest rate of 5.5% with in 5 Years.

Q: What is the term agree on

Php. 500,000

5.5%

5 Years

Bank Loan

4.

MULTIPLE CHOICE QUESTION

3 mins • 2 pts

Marie wants to start-up her own Milk Tea Shop, She decided to take a bank loan for ABC Bank for

Php. 500,000.00 with an annual interest rate of 5.5% with in 5 Years.

Q: Compute for Total amount that Marie needs to pay for 5 years

Php. 537,277.5

Php. 275,917.50

Php. 572,917.5

Php.353,677.5

5.

MULTIPLE CHOICE QUESTION

3 mins • 2 pts

Marie wants to start-up her own Milk Tea Shop, She decided to take a bank loan for ABC Bank for

Php. 500,000.00 with an annual interest rate of 5.5% with in 5 Years.

Q: Compute for Total Interest that Marie needs to pay to ABC Bank

Php. 72,917.50

Php. 37,277.50

Php. 75,917.50

Php.53,677.50

6.

MULTIPLE CHOICE QUESTION

3 mins • 2 pts

Marie wants to start-up her own Milk Tea Shop, She decided to take a bank loan for ABC Bank for

Php. 500,000.00 with an annual interest rate of 5.5% with in 5 Years.

Q: How much is Marie Monthly due to ABC Bank?

Php. 4,598.625

Php. 5,894.625

Php. 8,954.625

Php. 9,548.625

7.

MULTIPLE CHOICE QUESTION

3 mins • 2 pts

Marie wants to start-up her own Milk Tea Shop, She decided to take a bank loan for ABC Bank for

Php. 500,000.00 with an annual interest rate of 5.5% with in 5 Years.

Q: Compute for monthly interest?

Php. 1,239.91

Php. 1,521.39

Php. 2,115.91

Php. 1,215.29

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