Future Value
What is the Future Value of a principal of $3000 invested at simple interest for 6%p.a. for 4 years?
$3720
Find the distance travelled by a car whose average speed is 90km/h if the journey lasts 3 hours. Answer correct to the nearest kilometre.
270km
What is 3.20pm in 24 hours time
1520hours
Find the value of r given (r/7) - 4 = 3. (1 mark)
49
Random Trivia! How many Harry Potter books are there?
7
What is the Future Value of a principal of $12000 invested for 5 years at 3.5%p.a. compounded annually?
$14252.24
Levi weighs 74 kg and consumes five standard drinks in an hour. Calculate Levi’s blood alcohol content using the formula, correct to 2 decimal places:
BAC("male")=(10N-7.5H)/(6.8M)
0.08
Random Trivia! In Greek mythology, who is the goddess of wisdom and warfare?
Athena
Handmade chocolates are checked for size and shape. Every 30th chocolate is sampled.
Which term best describes this type of sampling?
Systematic
Jim bought 1400 shares at 34c each and paid a brokeage fee of 2c per share. What was the total cost of purchasing the shares?
$504
What is the Future Value of $20000 invested for 5 years at 8%p.a. compounded monthly.
$29796.91
A car is travelling at 70 km/h and the reaction time of the driver is 0.50 seconds. Find the stopping distance of this car using the formula, correct to 1 decimal place.
d=(5Vt)/18+(V^2)/170
38.5m
Brussels is located at (50°N, 4°E). Lima is located at (12°S, 77°W). What is the difference in longitude?
81°
Random Trivia! What is the world's largest island?
Greenland
A $45000 brand new car depreciates at a rate of 12%p.a. What will its value be in 4 years time?
$26986.29
What principal must be invested at 7%p.a. to obtain a future value of $15000 in 6 years time?
$9995.13
Random Trivia! How many times did Ross Geller get divorced on Friends?
Three times (Carol, Emily, Rachel)
What is the time in Mexico city (UTC− 6) if it is 2:00p.m. in Greenwich?
8am
The mean of a set of 5 scores is 62.
What is the new mean of the set of scores after a score of 14 is added?
54
What is the dividend yield on a share that has a market price of $4.30 and a dividend of 40c per share.
(answers as a percentage to 1 decimal place)
9.3%
Random Trivia! Which planet is the only planet in our solar system to spin clockwise?
Venus
Calculate the stopping distance given a speed of 90km/h and a reaction time of 1.7s and a braking distance of 89.5m.
132m
A flight leaves Seoul (UTC+ 9) at 5:00 p.m. and flies non-stop to Chicago (UTC− 6). The flight takes 14 hours. What is the time in Chicago when the flight arrives?
4pm
The capacity of a bottle is measured as 1.25 litres correct to the nearest 10 millilitres.
What is the percentage error for this measurement?
5/1520 x 100 = 0.4%
The dividend yield is 6.8%p.a. What is the value of the total dividend if Barry buys 1500 shares at $5.70 each.
$581.40