Series and Finance (HSC SSCE Mathematics Advanced): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does represent in the simple interest formula ?
What does represent in the simple interest formula ?
The principal (original amount)
What type of sequence is formed by simple interest over successive time periods?
What type of sequence is formed by simple interest over successive time periods?
Arithmetic progression
What is the formula for the total amount after periods with simple interest?
What is the formula for the total amount after periods with simple interest?
What is the compound interest formula for total amount after periods?
What is the compound interest formula for total amount after periods?
What type of sequence is formed by compound interest over time?
What type of sequence is formed by compound interest over time?
Geometric progression
What is the depreciation formula for value after periods?
What is the depreciation formula for value after periods?
What is the key difference between compound interest and depreciation formulas?
What is the key difference between compound interest and depreciation formulas?
vs
How do you convert a percentage rate to a decimal for use in formulas?
How do you convert a percentage rate to a decimal for use in formulas?
Divide by 100
What does 'pa' mean in interest rate notation?
What does 'pa' mean in interest rate notation?
Per annum (per year)