TASC General Mathematics Level 3 Practice Questions - Tasmanian Assessment, Standards And Certification General Mathematics Level 3 (MTG315123) Exam

Access More Questions

A principal of $12,000 is invested at an interest rate of 6.0% p.a. compounded quarterly for 2 years. What is the final value of the investment rounded to the nearest cent?

$$13,440.00 $$13,517.91 $$13,579.48 $$14,028.32

Correct Answer:

$$13,517.91

Access more questions from this quiz

Continue to TASC General Mathematics Level 3 Practice Questions - Tasmanian Assessment, Standards and Certification General Mathematics Level 3 (MTG315123) Exam for more practice questions and the full quiz experience.

Access More Questions