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Consumer Mathematics: Savings and Investment, Credit and Debt

Authored by NOR ERRA SYAHIDA SAHARUDIN

Mathematics

9th - 12th Grade

Used 1+ times

Consumer Mathematics: Savings and Investment, Credit and Debt
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the savings that will paid interest except

Wadiah account

Current account

Savings account

Fixed deposit account

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are the returns for unit trust?

Dividend

Rental

Bonus shares

Capital gain

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following has a high risk level, a high return level and a moderate liquidity level?

Fixed deposit

Unit trust

Real estate

Shares

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Encik Adnan wants to make an investment that will give a high return with low risk. What type of investment is suitable for Encik Adnan?

Shares

Real estate

Unit trust

Fixed deposit

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Fiona received a credit card statement for February. The statement showed that Fiona had an outstanding balance of RM3,850. Fiona must make a minimum payment of 5%. Calculate the minimum payment that she had to pay.

RM192.50

RM770.00

RM19,250.00

RM77,000.00

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not an advantage of credit card?

Convenience for online purchases

Easy to spend beyond ability

Reward in the form of cash rebate

Provide interest free payback period

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Amira deposited RM16,000 in a fixed deposit account at a bank with an interest rate of 4.2% per annum. If Amira's total savings is RM18,016 after n years, find the value of n.

2

3

4

5

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