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Compound Interest MCQ Questions with Answers PDF Download eBook

Compound interest Multiple Choice Questions (MCQ) to practice compound interest quiz answers PDF, 8th grade math worksheets for online degrees. Solve math applications Multiple Choice Questions and Answers (MCQs), Compound Interest quiz questions PDF for online certificate courses. "Compound Interest MCQ" PDF book: taxation, percentage calculations, hire purchase, compound interest test prep for online elementary school classes.

"The compound interest on $2500 for 5 years at 4% per annum (compounded annually) is" Multiple Choice Questions (MCQ) on solving quadratic equation by factorization with choices $432, $542, $642, and $452 for online certificate courses. Solve math applications quiz questions for online certificate programs for distance learning.

MCQs on Compound Interest PDF Download eBook

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