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Whole Numbers II - JSS3 Mathematics Past Questions and Answers - page 2

11

What is the compound interest earned on $1500 at an annual interest rate of 4% compounded annually for 3 years?

A

$187.20

B

$180.00

C

$187.50

D

$190.00

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12

If the principal amount is $2000, the annual interest rate is 6%, and the interest is compounded annually, what is the amount after 2 years?

A

$2240

B

$2120

C

$2247.20

D

$2200

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13

Simplify the expression 5×(3+2).

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14

Simplify 4/5×(10−2).

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15

If 6 pencils cost $12, how much do 9 pencils cost?

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16

If 4 workers can finish a job in 8 days, how many days will it take for 8 workers to finish the same job?

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17

Calculate the amount after 1 year for a principal amount of $500 at an annual interest rate of 10%, compounded annually.

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18

What is the compound interest earned on $1000 at an annual interest rate of 5%, compounded annually for 2 years?

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