Gr11 finance/finansies
Authored by Ingrid Rauch
Mathematics
11th Grade
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for calculating simple interest?
Wat is die formule om eenvoudige rente uit te werk?
A=P(1+i)^n
A=P−(i⋅P⋅n)
A=P(1+i⋅n)
A=P(1−i)n
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which formula is used for reducing balance depreciation?
Watter formule word gebruik vir verminderde saldo waardevermindering?
A=P(1+i)^n
A=P−(i⋅P⋅n)
A=P(1+i⋅n)
A=P(1−i)n
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An amount of R20 000 is invested at 10% p.a. simple interest for 3 years. What is the total amount?
Die bedrag van R20 000 is belê teen 10% per jaar eenvoudig saamgestel vir 3 jaar. Wat is die finale bedrag?
R26 000
R26 600
R24 000
R20 600
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a correct statement about compound interest?
Watter een van die volgende is nie ’n ware stelling oor saamgestelde rente nie?
It includes the effect of compounding
Dit sluit die effek van samestelling in
The interest is calculated only on the original amount
Die rente word slegs op die oorspronklike bedrag bereken
It grows faster than simple interest
Dit groei vinniger as eenvoudige rente
A=P(1+i)n^
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wat is die effektiewe jaarlikse rentekoers as die nominale koers 8% p.j. is, saamgestel kwartaalliks?
What is the effective annual interest rate if the nominal rate is 8% p.a. compounded quarterly?
8%
8.24%
8%
8.82%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As R950 000 teen 13% p.j. oor 5 jaar depreseer met die reguitlyn-metode, wat is die waarde daarna?
If R950 000 depreciates at 13% p.a. using the straight-line method for 5 years, what is the value?
R123 500
R800 000
R332 500
R615 00
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement is true about effective interest rates?
Watter stelling is waar oor effektiewe rentekoerse?
It is always lower than the nominal rate
Dit is altyd laer as die nominale koers
It ignores compounding
Dit ignoreer samestelling
It is always equal to or higher than nominal rate
Dit is altyd gelyk aan of hoër as die nominale koers
It only applies to simple interest
Dit geld slegs vir eenvoudige rente
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