What do you call the amount charged for the use of borrowed money?
Module 5 Exercise 1

Quiz
•
Mathematics
•
10th - 12th Grade
•
Medium
Clara Si
Used 19+ times
FREE Resource
10 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
2.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
What do you call the amount of an original investment?
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
How much interest does a Php10,000 investment earn at 5.6% over 18 years?
Php1,008,000
Php10,080
Php10,800
Php1080
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Sanji borrows Php8650 to buy an airfryer at 4.5% interest. How much interest will she pay after 5 years?
Php194.63
Php19,462.50
Php1,946.25
Php194,625
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the future value of PhP58,000 invested in 5yrs at a rate of 2.75%?
Php7,975
Php65,975
Php855,500
Php797,500
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Zoro deposited Php15,000 in the bank for 12 months at 15% annually. How much interest did he get?
Php27,000
Php22,500
Php2,700
Php2,250
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If Nico has Php550,000 now and wants to have Php675,000 in a year how much interest will he need to earn?
Php100,000
Php125,000
Php150,000
Php175,000
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