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Section A_test 2_MAT1013

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

Ahmad invest RM5000 in Amanah Saham Bumiputra which pays dividend at 5.5% every year.


P = ?

a)

5000

b)

500

c)

50

d)

5.5

2.

Ahmad invested RM5000 in Amanah Saham Bumiputra which pays dividend at 5.5% every year.

k = ? and m = ?

a)

0.55 , 1

b)

5.5 , 2

c)

0.55 , 2

d)

0.055 , 1

3.

Ahmad invested RM5000 in Amanah Saham Bumiputra which pays dividend at 5.5% every year. He always reinvests his dividend. How much will Ahmad have in this account at the end of 10 years?

a)

t

b)

P

c)

S

d)

i

4.

Ahmad invested RM5000 in Anmanah Saham Bumiputra which pays dividend at 5.5% every year. He always reinvests his dividend. How much will Ahmad have in this account at the end of 10 years?

a)
b)
c)
d)
5.

Last 7 years, my father deposited a sum of money in my account that pays 1.8% compounded every four months. Now, my account amounted to 29,990.

a)

t = 7

b)

S = 29, 990

c)

k = 0.18

d)

k = 0.018

6.

Last 7 years, my father deposited a sum of money in my account that pays 1.8% compounded every four months. Now, my accounted to RM29, 990.

(a)  

7.

Calculate the amount that my father deposited.

a)

i

b)

S

c)

P

d)

n

8.

Mustafa has RM8000 now. He plans the money will become RM20, 000 in 9 years.

a)

n = 9

b)

t = 9

c)

P = 8000

d)

S = 20, 000

9.

Mustafa has RM8000 now. He plans the money wil become RM20,000 in 9 years. What interest rate compounded quarterly to achieve his target? All step correct accept...

a)
b)
c)
d)
10.

Find the effective rate which is equivalent to 1.5% compounded every month.

a)
b)
c)
d)