Compound Interest MCQs Quiz Worksheet PDF Download

Compound interest multiple choice questions, learn online elementary school math test prep for exam prep for distance learning, online courses. Practice math applications multiple choice questions (MCQs), compound interest quiz questions and answers for math help for competitive exams.

Study elementary school courses, online math degree programs MCQs: john invested $8000 at 6.5% per annum compound interest which is compounded daily. amount at end of fifth year is, for online education degree with options $13,960.70, $10,960.70, $11,960.70, and $12,960.70 with online math quizzes for class 8 math practice student guide for kids education. Free math student portal for online learning compound interest quiz questions, MCQs to find questions answers based online learning tests.

MCQ on Compound Interest Quiz PDF Download

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