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Quiz

Managing Finance quiz

Start finance questions by separating money coming in from money going out. Write the units and keep money to two decimal places.

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Multiple choice quiz

Read each question, then choose one answer.

Question 1

£1400.00 is invested at 3% compound interest for 3 years. What is the final value to the nearest penny?

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Question 2

A cafe worker is paid £11.00 per hour and works 29 hours. What is the gross pay?

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Question 3

A loan is repaid at £51.00 per month for 36 months with a setup fee of £25.00. What is repaid in total?

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Question 4

Convert £450.00 to euros, then convert those euros to US dollars. Use £1.00 = €1.18 and €1 = $1.09.

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Question 5

A payslip shows gross pay of £360.00, tax of £80.00, and pension deduction of £23.00. What is the net pay?

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Question 6

A salesperson receives £420.00 basic weekly pay plus 2.5% commission on sales of £4500.00. Calculate gross pay.

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