Welcome to the Compound Interest MCQs with Answers. In this post, we have shared Compound Interest Online Test for different competitive exams. Each question in Aptitude Test offers a chance to enhance your knowledge regarding Compound Interest MCQs.
What is the compound interest on a principal of $1,000 at an annual interest rate of 5% compounded annually for 2 years?
a) $100
b) $105
c) $110
d) $102.50
If a sum of $500 is compounded annually at a rate of 6%, what will be the amount after 3 years?
a) $590.40
b) $600.00
c) $612.36
d) $615.50
A principal amount of $2,000 is compounded semi-annually at an annual rate of 4%. What is the amount after 2 years?
a) $2,160
b) $2,161.60
c) $2,163.20
d) $2,200
What is the compound interest earned on $1,500 at 3% compounded annually for 4 years?
a) $185.45
b) $189.27
c) $194.48
d) $200.00
If $1,000 is compounded annually at 8%, what will be the amount after 5 years?
a) $1,400.00
b) $1,500.00
c) $1,600.00
d) $1,700.00
What is the compound interest on $800 at an annual rate of 5% compounded annually for 3 years?
a) $125.00
b) $126.02
c) $126.85
d) $127.50
A principal of $1,200 is compounded quarterly at an annual rate of 6%. What will be the amount after 2 years?
a) $1,352.78
b) $1,356.48
c) $1,358.50
d) $1,360.00
If a sum of $5,000 is compounded annually at 4%, what will be the amount after 4 years?
a) $5,400.00
b) $5,600.00
c) $5,700.00
d) $5,851.17
What is the compound interest on $2,500 at an annual rate of 6% compounded semi-annually for 3 years?
a) $470.00
b) $475.00
c) $476.45
d) $477.28
If a principal of $10,000 is compounded annually at 5%, what will be the amount after 2 years?
a) $11,000.00
b) $11,025.00
c) $11,050.00
d) $11,100.00
What is the compound interest on $4,000 at 4% compounded annually for 3 years?
a) $488.00
b) $496.64
c) $500.00
d) $504.32
If a sum of $3,000 is compounded semi-annually at 5%, what will be the amount after 2 years?
a) $3,300.00
b) $3,307.50
c) $3,315.25
d) $3,322.56
What is the compound interest earned on $6,000 at an annual rate of 3% compounded annually for 2 years?
a) $360.00
b) $365.40
c) $368.54
d) $369.40
A principal of $7,500 is compounded quarterly at an annual rate of 6%. What will be the amount after 3 years?
a) $8,920.00
b) $8,930.22
c) $8,935.34
d) $8,948.37
If a sum of $1,800 is compounded annually at 5%, what will be the amount after 4 years?
a) $2,100.00
b) $2,160.45
c) $2,187.16
d) $2,200.00
What is the compound interest on $5,000 at an annual rate of 7% compounded annually for 2 years?
a) $700.00
b) $714.00
c) $715.00
d) $717.50
A principal of $2,000 is compounded semi-annually at an annual rate of 8%. What will be the amount after 3 years?
a) $2,500.00
b) $2,510.16
c) $2,515.58
d) $2,524.86
If a sum of $8,000 is compounded annually at 4%, what will be the amount after 5 years?
a) $9,600.00
b) $9,720.00
c) $9,732.16
d) $9,759.13
What is the compound interest earned on $9,000 at an annual rate of 5% compounded annually for 4 years?
a) $1,800.00
b) $1,830.25
c) $1,850.00
d) $1,900.00
A principal of $3,500 is compounded quarterly at an annual rate of 4%. What will be the amount after 2 years?
a) $3,648.32
b) $3,659.84
c) $3,660.70
d) $3,661.84
If a sum of $2,500 is compounded semi-annually at 6%, what will be the amount after 3 years?
a) $2,910.00
b) $2,919.64
c) $2,920.89
d) $2,921.68
What is the compound interest on $1,200 at an annual rate of 3% compounded annually for 3 years?
a) $109.27
b) $110.48
c) $111.36
d) $112.21
A principal of $4,500 is compounded quarterly at an annual rate of 5%. What will be the amount after 2 years?
a) $4,870.00
b) $4,881.31
c) $4,889.16
d) $4,898.03
If a sum of $1,000 is compounded annually at 7%, what will be the amount after 4 years?
a) $1,280.00
b) $1,310.00
c) $1,310.80
d) $1,311.75
What is the compound interest earned on $4,000 at an annual rate of 6% compounded annually for 3 years?
a) $742.40
b) $742.98
c) $743.00
d) $743.20
A principal of $6,000 is compounded semi-annually at an annual rate of 4%. What will be the amount after 2 years?
a) $6,492.16
b) $6,498.20
c) $6,500.00
d) $6,502.56
If a sum of $5,500 is compounded annually at 3%, what will be the amount after 5 years?
a) $6,350.00
b) $6,374.73
c) $6,400.00
d) $6,416.58
What is the compound interest on $8,000 at an annual rate of 4% compounded annually for 3 years?
a) $996.80
b) $997.10
c) $997.12
d) $997.20
A principal of $2,500 is compounded quarterly at an annual rate of 5%. What will be the amount after 3 years?
a) $2,910.75
b) $2,919.20
c) $2,925.75
d) $2,930.76
If a sum of $4,000 is compounded annually at 6%, what will be the amount after 2 years?
a) $4,476.00
b) $4,480.00
c) $4,484.00
d) $4,490.40
What is the compound interest earned on $3,000 at an annual rate of 5% compounded annually for 4 years?
a) $635.25
b) $635.51
c) $635.63
d) $635.78
A principal of $7,000 is compounded semi-annually at an annual rate of 4%. What will be the amount after 2 years?
a) $7,576.80
b) $7,584.20
c) $7,585.50
d) $7,586.40
If a sum of $2,000 is compounded annually at 5%, what will be the amount after 4 years?
a) $2,400.00
b) $2,420.00
c) $2,420.25
d) $2,431.01
What is the compound interest on $1,000 at an annual rate of 4% compounded annually for 3 years?
a) $124.80
b) $124.86
c) $124.98
d) $125.00
A principal of $9,000 is compounded quarterly at an annual rate of 3%. What will be the amount after 2 years?
a) $9,549.12
b) $9,552.00
c) $9,552.98
d) $9,553.18
If a sum of $5,000 is compounded annually at 7%, what will be the amount after 3 years?
a) $6,112.35
b) $6,124.35
c) $6,125.00
d) $6,127.35
What is the compound interest earned on $7,000 at an annual rate of 6% compounded annually for 2 years?
a) $854.00
b) $854.80
c) $855.00
d) $855.20
A principal of $1,500 is compounded semi-annually at an annual rate of 5%. What will be the amount after 2 years?
a) $1,630.00
b) $1,630.75
c) $1,632.25
d) $1,633.08
If a sum of $3,000 is compounded annually at 6%, what will be the amount after 3 years?
a) $3,570.00
b) $3,579.60
c) $3,580.00
d) $3,582.18
What is the compound interest on $2,000 at an annual rate of 3% compounded annually for 3 years?
a) $180.00
b) $180.54
c) $180.92
d) $181.00
If you are interested to enhance your knowledge regarding Physics, Chemistry, Computer, and Biology please click on the link of each category, you will be redirected to dedicated website for each category.
