Simple and Cpmpound Interests
Quiz
•
Mathematics
•
11th Grade
•
Medium
Albert Turdil
Used 40+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
revenue
real value
repaid
rate of interest
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
It is the amount of money borrowed or invested on the origin date.
future value
principal value
maturity value
repayment value
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
It is an interest computed based on the principal amount.
simple
compound
future value
rate
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
It is an amount after t years that the lender receives from the borrower on the maturity date.
loan date
maturity date
maturity value
term
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
It refers to the amount after 𝑡 years that the lender receives from the borrower on the maturity date?
present value
future value
interest
ordinary annuity
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
If t = 0.5 months, this is equivalent to how many months?
5 months
6months
9 months
10 months
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following is the formula to find the simple interest?
𝐼𝑠 = 𝑃𝑟𝑡
𝐼𝑠 = 𝑃(1 + 𝑟)𝑡
𝐼𝑠 = 𝐹 − 𝑃
𝐼𝑠 = 𝐹 (1+𝑟)𝑡
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