Consumer mathematics
Assessment
•
CHIN LEE YEW
•
Mathematics
•
9th Grade
•
184 plays
•
Hard
Improve your activity
Higher order questions
Match
•
Reorder
•
Categorization
actions
Add similar questions
Add answer explanations
Translate quiz
Tag questions with standards
More options
17 questions
Show answers
1.
Multiple Choice
Encik Tan keeps RMx in savings account at 3.5% per annum. The amount of Encik Tan's saving after he has saved for 6 years is RM36 300. Calculate the value of x.
A. RM20 000
B. RM25 000
C. RM30 000
D. RM35 000
2.
Multiple Choice
Puan Zakiah makes a personal loan of RM30 000 from a bank with interest rate of 6% per annum. The refund period is for 8 years. What is the monthly installment payable by Puan Zakiah?
A. RM442.50
B. RM450.00
C. RM462.50
D. RM470.00
3.
Multiple Choice
The meaning of Risk is
A. simple interest
B. total money deposited
C. possibility of gaining profit
D. possibility of loss
4.
Multiple Choice
The following are the weaknesses of credit card usage except
A. easy to spend exceeding ability
B. easy to use for cashless payment
C. could be imposed interest and other charges
D. excessive loan
5.
Multiple Choice
Puan Aisah wants to invest RM20 000 in AMN Unit Trust. She uses cost averaging strategy for her investment. She spends RM5 000 each month for four months to buy the shares of the unit trust.
Table 1 shows the purchase prices of unit trust bought by Puan Aisah.
Calculate the total number of shares bought by Puan Aisah.
A. 51200
B. 50100
C. 7989
D. 7987
6.
Multiple Choice
Sammy bought unit trusts worth RM10 000. After two years, Sammy sold all the unit trusts. He received RM10 600. During two years of holding the unit trusts, he received RM800 dividend. Calculate the return on investment of Sammy.
A. 6%
B. 8%
C. 12%
D. 14%
Explore this activity with a free account
Find a similar activity
Create activity tailored to your needs using
Modeling Exponential Functions
•
9th - 10th Grade
Ratio, Proportion and Rate
•
1st Grade
Before and After
•
KG - 1st Grade
Nursery Maths
•
KG
Geometric Progressions
•
1st Grade
Compound Interest
•
9th - 12th Grade
Tall & Short
•
1st Grade
Addition
•
KG