Questions: 5 | Attempts: 445 | Last updated: Feb 16, 2018
Is the following statement TRUE or FALSE?
Energy is never lost. It is only transferred or transformed.
To succeed in life, you have to be good at maths as well as finance. Mathematical finance (a mix of both), also known as quantitative finance, is a field of applied maths, concerned with the mathematical modeling of financial...
Questions: 10 | Attempts: 441 | Last updated: Jul 15, 2021
A sum fetched a total simple interest of R4016.25 at a rate of 9% p.a in 5 years.what is the sum?
Are you a financial genius? Take this quiz to see if your head is just filled with financial terms and concepts!
Questions: 10 | Attempts: 36 | Last updated: Oct 8, 2014
What is a Certificate of Deposit?
Percentage of the principal amount that is paid as an interest for the use of money
Promises the depositor the sum back along with appropriate interest.
Interest that is compounded on a sum of money that is deposited for a long time.