Question 1

Given the following problems, Identify by grouping which is considered Simple Interests (SI)and Compound Interest (CI)Problems

Question 2

Match A with Coloum B

Question 3

There are two ways to solve the problem, The 1st method has 2steps and 2nd method is by using formula. Order th steps in method 1.

Question 4

______________________ received on repayment date.

Accepted Answer

Maturity value

Question 5

Give some common terms associated in solving Simple and Compound Interests?

Accepted Answer

future value

Question 6

Name some interest conversion period usually applicable when compound interest is computed more that a year

Accepted Answer

annually

Question 7

In computing for compound amount when principal is invested at an annual rate (j) compounded annually.The maturity or future value is formula is  given by _________________.

Accepted Answer

F= P + $(1+j)^t$

Question 8

Answer the given problem in the video.(note use atleast 6 decimal places to the right for decimal answers in the computation ex:.0.0004545)

Accepted Answer

P44392.80

Question 9

Listen and answer the question in the problem.

Accepted Answer

P22050.90

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