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Financial Maths: Quiz 4 - Answers
Financial Maths: Quiz 4 - Answers
Part A
1) £2,000
2) £1,550
3) £37,200
4) £14,808
Part B
1) £2,416.67
2) £883.33
3) £33,776.64
4) £46,902.24
1) £2,000
2) £1,550
3) £37,200
4) £14,808
Part B
1) £2,416.67
2) £883.33
3) £33,776.64
4) £46,902.24
Working
Questions
Part A
Do not use a calculator for the following questions.
1) I am on a salary of £24,000 and I get paid monthly. What is my monthly pay?
2) I am on a salary of £18,600 and I get paid monthly. What is my monthly pay?
3) I get paid £3,100 per month. What is my salary?
4) I get paid £1,234 per month. What is my salary?
Part A
Do not use a calculator for the following questions.
1) I am on a salary of £24,000 and I get paid monthly. What is my monthly pay?
2) I am on a salary of £18,600 and I get paid monthly. What is my monthly pay?
3) I get paid £3,100 per month. What is my salary?
4) I get paid £1,234 per month. What is my salary?
Part B
You can use a calculator for the following questions.
1) I am on a salary of £29,000 and I get paid monthly. What is my monthly pay? Give your answer to the nearest pence.
2) I am on a salary of £10,600 and I get paid monthly. What is my monthly pay? Give your answer to the nearest pence.
3) I get paid £2,814.72 per month. What is my salary?
4) I get paid £3,908.52 per month. What is my salary?
You can use a calculator for the following questions.
1) I am on a salary of £29,000 and I get paid monthly. What is my monthly pay? Give your answer to the nearest pence.
2) I am on a salary of £10,600 and I get paid monthly. What is my monthly pay? Give your answer to the nearest pence.
3) I get paid £2,814.72 per month. What is my salary?
4) I get paid £3,908.52 per month. What is my salary?