Grade 9 Competition

Find the profit you can gain from a bank, if you invest $1000 in a saving plan that offers 2% annual interest. You are going to invest for 2 years.

• $ 512

• $ 1040.4

• $ 2461

• $ 3681

Find the profit you can gain from a bank if you invest $2000 in a savings plan that offers 10% annual interest. You are going to invest for 2 years.

• $ 729

• $ 1567

• $ 2420

• $ 4000

Find the profit you can gain from a bank if you invest $5000 in a savings plan that offers 50% annual interest. You are going to invest for 2 years.

• $ 5000

• $ 6650

• $ 7800

• $ 11250

Find the profit you can gain from a bank if you invest $10000 in a savings plan that offers 100% annual interest. You are going to invest for 3 years.

• $ 80000

• $ 70000

• $ 60000

• $ 50000

Find the profit you can gain from a bank if you invest $8000 in a savings plan that offers 200% annual interest. You are going to invest for 4 years.

• $ 216000

• $ 512000

• $ 729000

• $ 10000000

Find the profit you can gain from a bank if you invest $8000 in a savings plan that offers 200% annual interest. You are going to invest for 4 years.

• $ 216000

• $ 512000

• $ 729000

• $ 10000000

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