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The Compound interest Multiple Choice Questions (MCQ Quiz) with Answers PDF, Compound Interest MCQ PDF e-Book download to practice Grade 8 Math Tests. Learn Math Applications Multiple Choice Questions and Answers (MCQs), Compound Interest quiz answers PDF to study online homeschool courses. The Compound Interest MCQ App Download: Free learning app for taxation, percentage calculations, hire purchase test prep for online elementary school courses.

The MCQ: John invested \$8000 at 6.5% per annum compound interest which is compounded daily. amount at end of fifth year is; "Compound Interest" App Download (Free) with answers: \$13,960.70; \$10,960.70; \$11,960.70; \$12,960.70; to study online homeschool courses. Solve Math Applications Quiz Questions, download Google eBook (Free Sample) for online teaching certification programs.

## Compound Interest MCQs: Questions and Answers

MCQ 1:

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

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

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
MCQ 3:

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
MCQ 4:

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