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AFL2 Financial Maths Yr 12

Authored by Maria Woodbury

Mathematics

12th Grade

Used 12+ times

AFL2 Financial Maths Yr 12
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the monthly repayment on a $125,000 loan, borrowed for a term of 5 years

$2120

$2650

$668

$1336

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The table are the repayments for a lon of $1000. What is the monthly repayment for $4000, at 8%pa for 15 years?

$38.24

$9.56

$38240

$4800

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A

B

C

D

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How far would I get if I ran 7km/h for 3 hours?

21km

10km

2.3km

0.42km

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How much do I still owe at 90 months?

$15000

$20000

$10000

cannot be determined without the rate

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The table shows the montly repayments of $1000. Calculate the monthly repayments on a $450,000 loan that has been borrowed for 10 years at an interest rate of 7.5%.

$7731

$927720

$17.18

$17180

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

SImplify the ratio 14:98

1 : 7

2 : 36

7 : 15

2 :14

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