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Math practice test MCQ: compound interest on \$2500 for 5 years at 4% per annum (compounded annually) is with options \$432, \$542, \$642 and \$452 with online math quizzes for class 8 math practice student guide for kids education. Free math revision notes to learn compound interest quiz with MCQs to find questions answers based online learning tests.

MCQ: 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. amount at end of fifth year is

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

B

MCQ: 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 amount at end of fifth day is

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

A