Calculate the simple interest earned when $500 is invested for 3 years at a rate of 3% p.a.
Quick Quiz Yr 12 Simple and Compound Interest

Quiz
•
Mathematics
•
12th Grade
•
Medium
Maria Woodbury
Used 1+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
$45
$545
$4500
$4.50
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$4984.73
$984.73
$20131375
$4900
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Find the rate, as a percentage, when $300 after being invested for 4 years has increased to $900
50%
5%
0.5%
0.05%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Find the present value of an investment if the future value is $5000 and it had been invested for 5 years at a rate of 1.5% p.a compounded annually
$4641.30
$5000
$5386.42
$10056.78
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Divide $5000 in the ratio of 2:3
$2000 and $3000
$4000, $1000
$2500, $3000
$1500, $3500
6.
MATCH QUESTION
10 mins • 1 pt
Match the following after reading p112 of the textbook!!!!
Initial Price
FACE VALUE
Selling Price
Amount Paid when share is bought
Market Price
Current Price
Cost Price
Amount Paid when share is sold
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Answer this question after reading p113 of the textbook! A dividend is
a share in a company
is a payment given as an amount per share
is the yield
annual rate of return
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