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Grade 8 Math MCQs PDF - Topics

# Compound Interest MCQ Quiz Online

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Practice Compound interest Multiple Choice Questions (MCQ) to solve compound interest quiz answers PDF to learn 8th grade math online course. 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 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 compound interest with choices \$432, \$542, \$642, and \$452 for online certificate courses. Learn math applications quiz questions for online certificate programs for distance learning.

## MCQs on Compound Interest

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

\$432
\$542
\$642
\$452

MCQ: John invested \$8000 at 6.5% per annum compound interest which is compounded daily. The amount at the end of fifth year is

\$13,960.70
\$10,960.70
\$11,960.70
\$12,960.70

MCQ: The compound interest on \$7500 for 1 year at 8.5% per annum which is compounded monthly is

\$363
\$636
\$663
\$366

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

\$15,010.28
\$18,010.28
\$16,010
\$14,010