Investment and Loans
We estimate MS12-IL is worth about 10 marks out of 100 under the new Mathematics Standard 2 syllabus. Practise 17 exam-style questions (numerical answer, multi-part, multiple choice) with instant marking and a worked solution for every question.
START PRACTISINGExample questions
Example 1 · 1 mark · numerical answer
Find the simple interest earned on $3,500 invested at 4.5% per annum for 3 years.
Example 2 · 3 marks · multi-part
$5,000 is invested at 4.8% per annum, compounded monthly, for 3 years.
Example 3 · 2 marks · numerical answer
A credit card charges simple interest of 19.99% per annum, calculated daily, on purchases from the date of purchase. Jo has an unpaid balance of $2,400 for 31 days. How much interest is charged?
Answers and worked solutions appear when you practise these questions.
Other Mathematics Standard 2 topics
- MS11-FEFormulas and Equations
- MS11-LRLinear Relationships
- MS11-EMEarning Money
- MS11-MMManaging Money
- MS11-AMApplications of Measurement
- MS11-TLTime and Location
- MS11-NPNetworks, Paths and Trees
- MS11-DAData Analysis
- MS12-ARAlgebraic Relationships
- MS12-ANAnnuities
- MS12-TRTrigonometry
- MS12-RRRatios and Rates
- MS12-NFNetwork Flow
- MS12-CPCritical Path Analysis
- MS12-BDBivariate Data Analysis
- MS12-RPRelative Frequency and Probability
- MS12-NDThe Normal Distribution