WorksheetsConsumer mathematics
Total questions: 11
Worksheet time: 4mins
The meaning of Risk is
A. simple interest
B. total money deposited
C. possibility of gaining profit
D. possibility of loss
The following are the weaknesses of credit card usage except
A. easy to spend exceeding ability
B. easy to use for cashless payment
C. could be imposed interest and other charges
D. excessive loan
One type of the investment is.....
saving account
cheque
real estate
ATM
Which of the following not type of saving...
saving account
fixed deposit account
current account
unit trust
Rajesh bought 500 units of unit trusts.
Investment
Saving
Zura keeps a sum of money each month to finance his children's education for future.
Investment
Saving
Interest that is calculated based on the principal for a certain period of time.
simple interest
compound interest
combined interest
consumer interest
2) If Mrs. Heng saved RM 25 000 in the bank at 4.2% interest per annum for 2 years, calculate the simple interest earned by her after two years.
RM 105
RM 210
RM 1 050
RM 2 100
In the formula I = PRN, what does the "P" stand for?
the Interest
Percentage
Principal
per annum
Mrs Amni is a dealer who keeps a sum of money in the bank with the intention of issuing a cheque to pay the creditor.
What is the type of saving she made?
Saving Account
Current Account
Fixed Deposit Account
Mr Duncan bought 4 000 units of Bank Ixora Berhad shares worth RM1.00 per share on the Kota Kinabalu Stock Exchange.
What is the type of investment that he made?
Shares
Unit Trust
Real Estate
