WorksheetsMathematics of Finance Part 1
Total questions: 5
Worksheet time: 4mins
Name
Class
Date
1.
💭 If someone offers you 💵 RM100 today or 💵 RM100 one year from now — which would you choose?
a)
🟢 RM100 today
b)
🔵 RM100 next year
2.
💡 Why would you choose RM100 today instead of next year?
a)
💰 Because it earns interest if invested
b)
📉 Because inflation makes future money worth less
c)
🛍️ Because I can use it now
d)
All of the above
3.
🏦 What does “interest” mean in finance?
a)
💸 The cost of using someone else’s money
b)
🏦 A fee charged by banks only
c)
⏳ A reward for being patient
d)
❌ Something unrelated to money
4.
📊 Which factor affects how much interest you earn or pay?
a)
💵 Principal amount
b)
📈 Interest rate
c)
⏰ Time
d)
All of the above
5.
🔢 If you borrow 💵 RM1,000 at 8% simple interest for 1 year, how much interest will you pay?
a)
RM8
b)
RM80
c)
RM800
d)
RM1,008
100 %
