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Modelling Financial Situations

MA-M1 is worth about 13 marks out of 100 in recent HSC Mathematics Advanced papers. Practise 52 exam-style questions (multiple choice, multi-part, numerical answer) with instant marking and a worked solution for every question.

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Example questions

Example 1 · 1 mark · multiple choice

What is the 20th term of the arithmetic sequence ?

  1. A
  2. B
  3. C
  4. D

Example 2 · 1 mark · multiple choice

Sam invests $5000 at 4% per annum, compounded annually. What is the value of the investment after 3 years?

  1. A$5600.00
  2. B$5624.32
  3. C$5849.29
  4. D$5200.00

Example 3 · 5 marks · multi-part

Jordan deposits $500 into a savings account at the end of each month. The account earns interest of 0.4% per month, compounded monthly.

Answers and worked solutions appear when you practise these questions.

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