Faedah Kompaun Quiz
Authored by SITI STUDENT
Mathematics
12th Grade
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29 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for compound interest?
MV = P(1 + rt)
MV = P + rt
MV = P - r
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
RM5000 is deposited for 2 years at an interest rate of 6% per annum, compounded annually. What is the future value?
RM5600
RM5618
RM5625
RM5700
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Farah invests RM3000 at an interest rate of 8% per annum, compounded semi-annually for 3 years. Calculate the future value.
RM3797.87
RM3600
RM3900
RM4000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ali saves RM2500 in a savings account at an interest rate of 5% per annum, compounded quarterly for 2 years. What is the total amount accumulated?
RM2756.27
RM2800.50
RM2700.20
RM2600.80
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An investment of RM1200 earns an interest of 9% per annum, compounded monthly for 1 year. Calculate the future value.
RM1311.00
RM1311.26
RM1311.50
RM1311.30
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 'MV' mean in the compound interest formula?
Total interest only
Principal amount
Mature Value
Interest rate
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr. Johan saves RM4000 in an investment account at an interest rate of 4% per annum, compounded monthly for 3 years. Calculate the future value.
RM4513.50
RM4513.47
RM4514.50
RM4514.00
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