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WorksheetsFinances Quiz
Total questions: 10
Worksheet time: 3hrs 30mins
What is 13.8% as a decimal?
13.8
1.38
0.138
0.0138
How much interest would you earn if you invested $750 at 5% simple interest for 3 years?
$1125
$112.50
$11 250
$11.25
How many years would you need to invest $1000 to earn $300 in interest, if it is invested at 8% simple interest?
16.25
3
4
3.75
What is your total amount of money after 7 years of investing $300 at 4% simple interest?
$84
$1140
$840
$384
You invest $550 for 4 years at a rate of 5% interest compounded monthly. What would you sub in for "n" in your compound interest formula?
4
12
550
48
You invest $100 at 11% interest compounded weekly for 6 years. What would you substitute in for your "i" in the compound interest formula?
520.11
5211
30.11
311
What's your total amount of money after 5 years of investing $600 at 4% interest compounded semi-annually?
$624.24
$662.45
$131.40
$731.40
What's your final amount after investing $1500 for 3 years at 7% interest compounded monthly?
$349.39
$1837.56
$1849.39
$1843.88
How much interest do you earn after investing $660 for 4 years at 1.5% interest compounded annually?
$40.65
$700.65
$700.50
$40.50
Which scenario would earn you more interest? Investing $100 at 8% simple interest for 2 years, or investing $100 at 6% interest compounded monthly for 2 years? Work out each scenario before you answer!
Simple interest
Compound interest
