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Q:

Which one of the following substances does not have a melting point

A) bromine B) sodium chloride
C) mercury D) glass
 
Answer & Explanation Answer: D) glass

Explanation:
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Filed Under: Chemistry

Q:

Which one of the following mixture is homogeneous

A) starch and sugar B) methanol and water
C) graphite and charcoal D) calcium carbonate and calcium bicarbonate
 
Answer & Explanation Answer: B) methanol and water

Explanation:
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Q:

Which of the following is an element

A) alumina B) brass
C) graphite D) silicon
 
Answer & Explanation Answer: D) silicon

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Filed Under: Chemistry

Q:

You deposit $300 in a savings account that pays 4% simple annual interest. Find your account balance after 9 months.

A) 309 B) 409
C) 609 D) 509
 
Answer & Explanation Answer: A) 309

Explanation:

A = P + Prt

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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Q:

Dianna deposits $725 into a savings account that pays 2.3% simple annual interest. How much interest will Dianna earn after 18 months?

A) 23.01 B) 24.01
C) 25.01 D) 26.01
 
Answer & Explanation Answer: C) 25.01

Explanation:

I = Prt

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Q:

If you deposit $8000 into an account paying 7% annual interest compounded quarterly, how long until there is $12400 in the account?

A) 2.3 B) 3.3
C) 4.3 D) 6.3
 
Answer & Explanation Answer: D) 6.3

Explanation:

 

 

FV=P(1+r/n)^nt

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Q:

If you deposit $5000 into an account paying 6% annual interest compounded monthly, how long until there is $8000 in the account?

A) 6.9 B) 7.9
C) 8.9 D) 9.9
 
Answer & Explanation Answer: B) 7.9

Explanation:

 

 

FV=P(1+r/n)^nt

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Q:

If you deposit $6500 into an account paying 8% annual interest compounded monthly, how
much money will be in the account after 7 years?

A) 11358.24 B) 12334
C) 15789 D) 12386
 
Answer & Explanation Answer: A) 11358.24

Explanation:

FV=P(1+r/n)^nt

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Filed Under: Compound Interest
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