KASNEB CPA Foundation Level (Kenya) · Business Mathematics and Statistics

Interest and present value

16 practice questions, each with the answer and an explanation.

Practise Interest and present value now

Random questions from this topic, one at a time. You see the answer and the explanation straight after each one.

All 16 questions

  1. What is the simple interest on KSh 50,000 invested at 8% per annum for 3 years?
  2. What is the simple interest on KSh 120,000 invested at 5% per annum for 4 years?
  3. What is the simple interest on KSh 80,000 invested at 12% per annum for 2 years?
  4. What is the simple interest on KSh 200,000 invested at 6% per annum for 5 years?
  5. What is the simple interest on KSh 36,000 invested at 10% per annum for 3 years?
  6. What is the simple interest on KSh 150,000 invested at 9% per annum for 2 years?
  7. KSh 100,000 is invested for 2 years at 10% per annum compound interest, compounded annually. What is the compound interest earned?
  8. KSh 50,000 is invested for 2 years at 20% per annum compound interest, compounded annually. What is the compound interest earned?
  9. KSh 200,000 is invested for 3 years at 5% per annum compound interest, compounded annually. What is the compound interest earned?
  10. KSh 80,000 is invested for 3 years at 10% per annum compound interest, compounded annually. What is the compound interest earned?
  11. KSh 400,000 is invested for 2 years at 5% per annum compound interest, compounded annually. What is the compound interest earned?
  12. What sum invested today at 10% per annum compound interest will grow to KSh 121,000 in 2 years?
  13. What sum invested today at 5% per annum compound interest will grow to KSh 115,500 in 2 years?
  14. What sum invested today at 20% per annum compound interest will grow to KSh 144,000 in 2 years?
  15. What sum invested today at 10% per annum compound interest will grow to KSh 133,100 in 3 years?
  16. What sum invested today at 5% per annum compound interest will grow to KSh 110,250 in 2 years?

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