Search Header Logo

Quiz | Mathematics of Finance

Authored by Consuelo Gutierrez Cruz

Mathematics

University

Used 1+ times

Quiz | Mathematics of Finance
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the interest on ₱10,000 at 6% simple interest for 2 years?

₱600

₱1,200

₱1,000

₱1,100

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Find the total amount after 3 years if ₱15,000 is invested at 8% simple interest.

₱17,800

₱18,600

₱18,000

₱18,200

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

₱12,000 earns ₱1,440 simple interest at 6% per annum. Find the time.

1 year

2 years

3 years

4 years

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

₱20,000 is borrowed at 10% simple interest. How much will be paid after 18 months?

₱21,500

₱23,000

₱23,500

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If ₱8,000 is invested at 12% compounded annually for 2 years, what is the amount?

₱8,960

₱9,984

₱10,048

₱10,050

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

₱5,000 invested at 10% compounded annually for 3 years will grow to:

₱6,655

₱6,000

₱6,500

₱6,700

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

₱10,000 compounded quarterly at 8% for 2 years yields:

₱11,648

₱11,500

₱11,700

₱11,800

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Microsoft

Continue with Microsoft

or continue with

Facebook

Facebook

Apple

Apple

Others

Others

Already have an account?