Run the interest gates

Exercise and reference answers

Questions

1. Correct

   1500

   Choices

   1. 1500
   2. 1600
   3. 1728

2. Correct

   1600

   Choices

   1. 1500
   2. 1600
   3. 1728

3. Correct

   1728

   Choices

   1. 1500
   2. 1600
   3. 1728

4. Correct

   3328

   Choices

   1. 3200
   2. 3328
   3. 3000

5. Correct

   Two

   Choices

   1. Four
   2. Two
   3. Six

6. Correct

   One fourth

   Choices

   1. One half
   2. One third
   3. One fourth

Instructions

Pick the simple interest, then the compound pieces, then the periods.

Explanation