WorksheetsCHAPTER 4_INTEREST
Total questions: 11
Worksheet time: 41mins
Starting money = RM350. Interest rate = 2.5% Time = 3 years. How much interest?
Principal = RM800 Interest Rate = 3.5% Time = 6 months Find the interest earned.
Determine the simple interest earned: p= RM2000 r= 4.6% t= 4 years
RM2370.00
RM348.00
RM2368.00
RM368.00
Principal: RM5000 Interest Rate: 3.75% Time: 25 years Compounded Monthly State the future account balance.
RM12712.31
RM12,749.30
RM12,657.59
RM12550.84
You want to save RM5,000 for future family vacation. If the bank pays 4.3% compounded monthly for 3 years, then how much will you need to invest to reach your vacation goal?
RM307,042,791
RM5,000
RM3,250
RM4,395.89
What is the total interest of a $13,000, 180 day note at 8% interest rate?
RM520.00
RM13,520.00
RM187,200
RM513.88
What is the maturity date of a 60-day loan that had a start date of April 10, 2020?
June 9, 2020
June 11, 2020
June 8, 2020
June 10, 2020
What is the maturity value of a 90-day, RM90,000 loan at 12% interest rate?
RM2,700.00
RM92,700.00
RM2,663.01
RM92,663.01
