Learn compound interest MCQs in math quiz for test prep. Math applications quiz questions has multiple choice questions (MCQ), compound interest test as the compound interest on \$2500 for 5 years at 4% per annum (compounded annually) is. Answer key help with choices as \$432, \$542, \$642 and \$452 problem solving for competitive exam, viva prep, interview questions worksheets. Free math revision notes to practice compound interest quiz with MCQs to find questions answers based online tests.

MCQ. The compound interest on \$2500 for 5 years at 4% per annum (compounded annually) is

1. \$432
2. \$542
3. \$642
4. \$452

B

MCQ. John invested \$8000 at 6.5% per annum compound interest which is compounded daily. The amount at the end of fifth year is

1. \$13,960.70
2. \$10,960.70
3. \$11,960.70
4. \$12,960.70

B

MCQ. The compound interest on \$7500 for 1 year at 8.5% per annum which is compounded monthly is

1. \$363
2. \$636
3. \$663
4. \$366

C

MCQ. Jane invests \$15000 at 5% per annum compound interest which is compounded daily. If a year is equal to 365 days then the amount at the end of fifth day is

1. \$15,010.28
2. \$18,010.28
3. \$16,010
4. \$14,010

A