Foxoyo
Hey..!!
Practice
Select topics and difficulty and just practice mcqs.
Topics
Compound Interest
Topics
User (name or email)
Users
pick difficulty level
all
1
2
3
4
5
number of questions
10
30
50
70
100
Start
Let's practice 30 mcqs on
Compound Interest
mcqs by everyone
Find the compound interest on Rs. 16,000 at 20% per annum for 9 months, compounded quarterly
2522
2622
2422
2722
The difference between simple interest and compound interest on Rs. 1200 for one year at 10% per annum reckoned half yearly is
Rs.4
Rs.4.50
Rs.2.50
Rs.3
What is the rate of compound interest?
I. The principal was invested for 4years.
II. The earned interest was Rs. 1491
Either I or II alone sufficient to answer
II alone sufficient while I alone not sufficient to answer
I alone sufficient while II alone not sufficient to answer
Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of twoyears.
(Round off your answer to nearest integer)
Rs.4613
Rs.4064
NONE OF THESE
Rs.4273
Rs.4266
Find the
C.
I. on Rs. 15,225 for 9 months at 16% per annum compounded quarterly
Rs. 1909
Rs. 1911
Rs. 1907
Rs. 1901
A retirement benefit of $12,000 is to be paid every 6 months for 25 years at interest rate of 7% compounded semi-annually.
Find
(a) the present value to fund the end-of-period retirement benefit
(b) the end-of-period semi-annual payment needed to accumulate the value in part
(a) assuming regular investments for 30 years in an account yielding 8% compounded semi-annually
234578
234689
281468.06
245678
Kramer borrowed $4000 from George at an interest rate of 7% compoundedsemiannually.
The loan is to be repaid by threepayments.
The first payment, $1000, is due two years after the date of theloan.
The second and third payments are due three and five years, respectively, after the initialloan.
Calculate the amounts of the second and third payments if the second payment is to be twice the size of the third payment
1379
1359
1389
1339.33
The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is
6 %
8 %
12 %
10 %
The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years
8673
8560
8746
8780.80
Find the effective rate of interest for an investment that earns 5 1/2% per year, compounded continuously
5.85%
5.95%
5.65%
5.75%
A chartered bank offers a five-year Escalator Guaranteed InvestmentCertificate.
In successive years it pays annual interest rates of 4%, 4.5%, 5%, 5.5%, and 6%, respectively, compounded at the end of eachyear.
The bank also offers regular five-year GICs paying a fixed rate of 5% compoundedannually.
Calculate and compare the maturity values of $1000 invested in each type ofGIC.
(Note that 5% is the average of the five successive one-year rates paid on the EscalatorGIC.
)
1278
1276.28
1234
1256
Rs 1000 is being charged at 50% perannum.
what is the interest for 3rd year at compound interest
1125
625
1025
1122
If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate
Rs.1271
Rs,1281
Rs.1261
Rs.1251
Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit
Rs. 8840
Rs. 8620
NONE OF THESE
Rs. 8600
Rs. 8800
Find the
C.
I. on Rs. 15,625 for 9 months at 16% per annum compounded quarterly
Rs. 1851
Rs. 1961
Rs. 1951
Rs. 1941
The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is
8%
12%
10%
6%
Simon deposits $400 in an account that pays 3% interest compoundedannually.
What is the balance of Simon’s account at the end of 2 years
524.56
424.36
545.36
456.36
The principal that amounts to Rs.4913 in 3 years at 413% per annum compound interest compounded annually is
Rs.4096
Rs.4085
Rs.4076
Rs.3096
Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly
824.32
724.32
524.32
624.32
Rajan borrowed Rs.4000 at 5% p.a compoundinterest.
After 2 years, he repaid Rs.2210 and after 2 more year, the balance withinterest.
What was the total amount that he paid as interest
Rs.653.50
Rs.635.50
Rs.675.50
Rs.613.50
What is the SI on Rs.2500/- at the rate of 12% per annum for 8 years
2300
2200
2400
2500
Other things being equal, would an investor prefer an interest rate of 10.5% compounded monthly or 11% compounded annually for a two-year investment
1243
1262
1232
1254
The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is
Rs. 3
Rs. 3.75
Rs. 4
Rs. 2.50
Find the sum lend at
C.
I. at 5 p.c per annum will amount to Rs.441 in 2 years
Rs.375
Rs.420
Rs.400
Rs.380
A certain sum is invested for 2 years in scheme M at 20% p.a. compound interest
(compounded annually), Same sum is also invested for the same period in scheme N at k% p.a. simpleinterest.
The interest earned from scheme M is twice of that earned from scheme N. What is the value of k
13
9
7
11
A sum of Rs. 8,000 is deposited for 3 years at 5% per annum compound interest
(compounded annually). The difference of interest for 3 years and 2 years will be
Rs. 387
Rs. 469
Rs. 441
Rs. 503
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs. ) is
650
640
630
625
Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly
Rs.9621
Rs.9162
Rs.9261
Rs.1261
Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, fromtoday.
They are to be replaced by a $1500 payment due four years from today, and another payment due two years fromtoday.
The replacement stream must be economically equivalent to the scheduledstream.
What is the unknown payment, if money can earn 7% compounded semiannually
1648
1748
1548
1348
A $1000 face value Series S50 compound interest Canada Savings Bond
(CSB) was presented to a credit union branch forredemption.
What amount did the owner receive if the redemption was requested on:January 17, 2001
1406
1306
1506
1206
Learn
Correct Attempts
Score
00/00
in
00:00