BM Topic 1 Quiz

BM Topic 1 Quiz

University

20 Qs

quiz-placeholder

Similar activities

Compound Interest Percent Increase

Compound Interest Percent Increase

11th Grade - University

19 Qs

Calculating for Interest

Calculating for Interest

7th Grade - University

20 Qs

Unit 4: Simple Interest & Commission

Unit 4: Simple Interest & Commission

8th Grade - University

17 Qs

Simple Interest and Percentages

Simple Interest and Percentages

7th Grade - University

20 Qs

Interest Word Problems

Interest Word Problems

8th Grade - University

15 Qs

Arithmetic Sequencing and Compound Interest

Arithmetic Sequencing and Compound Interest

10th Grade - University

17 Qs

Simple and Compound Interest

Simple and Compound Interest

11th Grade - University

21 Qs

Compound Interest

Compound Interest

University

20 Qs

BM Topic 1 Quiz

BM Topic 1 Quiz

Assessment

Quiz

Mathematics

University

Medium

Created by

JOHNSON A/L MATHELAMUTHU

Used 23+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The date on which money is received by the borrower

Origin or Loan Date

Time

Repayment Date or Maturity Date

Annually

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money borrowed or invested on the origin date.

Principal (P)

Simple Interest

Interest (I)

Maturity Value or Future Value

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amount paid or earned for the use of money

Coupon

Simple Interest

Interest (I)

Compound Interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest is computed on the principal and then added to it.

Coupon

Simple Interest

Interest (I)

Compound Interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest is computed on the principal and also on the accumulated past interests.

Interest

Simple Interest

Compound Interest

Total Amount

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The annual rate, usually in percent, charged by the lender, or rate of increase of the investment

Principal (P)

Rate (r)

Interest (I)

Maturity Value or Future Value (F)

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A bank offers a 0.25% annual simple interest rate for a particular deposit. After a year RM2,500 will be earned from RM1 million deposited. What is the interest?

2450

5050

2500

4500

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?