A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the amount of deposit made is
A. $2,000
B. $2,150
C. $1,950
D. $1,600
Related Questions on Chapter 4: Math Applications - Math Mcqs for Grade 8
A. $4,620
B. $4,500
C. $4,350
D. $5,250
If an article costs $350 with 6% GST then the price customer has to pay is
A. $362
B. $351
C. $371
D. $341
The compound interest on $2500 for 5 years at 4% per annum (compounded annually) is
A. $432
B. $542
C. $642
D. $452