Compound interest Multiple Choice Questions (MCQ), compound interest quiz answers PDF to study elementary school math for online certificate courses. Learn math applications Multiple Choice Questions and Answers (MCQs), "Compound Interest" quiz questions and answers for online certificate courses. Learn percentage calculations, math applications, profit and loss percentage, 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 multiplication and division of algebraic fraction with choices \$432, \$542, \$642, and \$452 for online certificate courses. Free math student portal for online learning math applications quiz questions for distance learning.

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