Appreciation and Inflation

Quiz Details

Topics covered

  • Q 1 Investments and Loans (Year 12) - Appreciation and Inflation

    Year: 2019   Question: 3
    References:
  • Q 2 Investments and Loans (Year 12) - Appreciation and Inflation

    Year: 2019   Question: 13
    References:
  • Q 3 Investments and Loans (Year 12) - Appreciation and Inflation

    Year: 2015   Question: 26d
    References:
  • Q 4 Investments and Loans (Year 12) - Appreciation and Inflation

    Year: 2020   Question: 21
    References:
Question 1
HSC 2019 - Question 3 (External Link) Show Question
Answer

B: $1071.23

Worked Solution

\begin{aligned}\text{FV}&=PV(1+r)^{n} \\PV=1000,\, r&=3.5 \%=0.035 ,\, n=2 \\\text{FV} &=1000(1.035)^{2} \\&=\$ 1071.23 \quad \therefore B\end{aligned}

Question 2
HSC 2019 - Question 13 (External Link) Show Question
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Question 3
HSC 2015 - Question 26d (External Link) Show Question
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Question 4
HSC 2020 - Question 21 (External Link) Show Question
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