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Q 1/10
Score 0
If you invest 2,000 pesos in a savings account with an annual simple interest rate of 5% for 3 years, how much total interest will you earn?
30
300 pesos
100 pesos
150 pesos
200 pesos
Q 2/10
Score 0
What will be the total amount in an account after 2 years if 5,000 pesos are deposited at an annual compound interest rate of 6%, compounded annually?
30
5,612 pesos
5,450 pesos
5,600 pesos
5,550 pesos
10 questions
Q.
If you invest 2,000 pesos in a savings account with an annual simple interest rate of 5% for 3 years, how much total interest will you earn?
1
30 sec
Q.
What will be the total amount in an account after 2 years if 5,000 pesos are deposited at an annual compound interest rate of 6%, compounded annually?
2
30 sec
Q.
If you borrow 10,000 pesos at an annual simple interest rate of 4% for 5 years, what will be the total amount you need to repay after this period?
3
30 sec
Q.
A principal of 8,000 pesos is invested in a fund that offers a compound interest rate of 3% per annum, compounded yearly. What will be the total amount in the fund after 4 years?
4
30 sec
Q.
How much interest will be earned on 15,000 pesos after 6 years when invested at an annual simple interest rate of 7%?
5
30 sec
Q.
What will be the future value of 12,000 pesos invested for 3 years at an annual compound interest rate of 5%, compounded annually?
6
30 sec
Q.
You deposited 7,500 pesos in a savings account with an annual compound interest rate of 4%, compounded yearly. How much will you have in the account after 5 years?
7
30 sec
Q.
If you borrow 20,000 pesos at a simple interest rate of 8% per annum for 4 years, what will be the total amount to be repaid at the end of the term?
8
30 sec
Q.
What is the total interest earned on an investment of 5,000 pesos at an annual compound interest rate of 10% compounded annually after 3 years?
9
30 sec
Q.
How much will you have if you invest 9,000 pesos at a simple interest rate of 5% per year for 6 years?