HSC Standard 2 Investments and Loans 3

JavaScript isn't enabled in your browser, so this file can't be opened. Enable and reload.

Name *

School

Country *

The New England Building Society has the following monthly loan repayment table for each $1000 borrowed. Jessica wants to borrow $245 000 to buy a unit in Tamworth. She will repay the loan over a period of 8 years at an interest rate of 10% p.a. Using the loan repayment table above, what is Jessica’s monthly repayment?

1 point

$12.13

$15.17

$2971.85

$3716.65

Clear selection

The graph below shows the growth of a $20 000 investment over a 6 year period. What was the annual rate of interest paid on the investment?

1 point

l.5%

7.5%

7.31%

5.5%

Clear selection

James purchases 2400 bank shares at a cost of $19.50/share. He was paid a dividend yield of 5.5% on his shares and then sold them for $20/share. Given there were zero brokerage fees, calculate his profit.

1 point

$2574

$3774

$2640

$45360

Clear selection

Gina invests $8000 for 1 year and 3 months at a rate of 6% per annum simple interest. What is the total value of the investment at the end of this period?

1 point

$6000

$6240

$8600

$8624

Clear selection

Lenore invests $4 200 at 4% p.a. compounding annually. What will be the value of the investment at the end of three years?

1 point

$504.00

$524.43

$4 704.00

$4 724.43

Clear selection

Nick bought a portfolio of 2000 MNRA shares with his retrenchment payout. The value of each share is currently $12.50, and Nick is paid an annual dividend of $0.75 per share. What is the dividend yield on the shares?

1 point

6.0%

6.25%

7.5%

12.5%

Clear selection

Submit

Clear form

Never submit passwords through Google Forms.

This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy

Forms