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  • Quiz Bab3

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    This document contains a quiz with 7 multiple choice and calculation questions about savings, investments, interest rates, dividends, and returns. The questions assess understanding of types of savings accounts, types of investments, calculating simple and compound interest on savings over time, calculating percentage returns on Islamic bank accounts, and comparing average costs of shares purchased with lump sums versus monthly installments.

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    MATH F3

    Original Title

    QUIZ BAB3

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    This document contains a quiz with 7 multiple choice and calculation questions about savings, investments, interest rates, dividends, and returns. The questions assess understanding of types of savings accounts, types of investments, calculating simple and compound interest on savings over time, calculating percentage returns on Islamic bank accounts, and comparing average costs of shares purchased with lump sums versus monthly installments.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    0 views4 pages

    Quiz Bab3

    Uploaded by

    nizamismail1991
    This document contains a quiz with 7 multiple choice and calculation questions about savings, investments, interest rates, dividends, and returns. The questions assess understanding of types of savings accounts, types of investments, calculating simple and compound interest on savings over time, calculating percentage returns on Islamic bank accounts, and comparing average costs of shares purchased with lump sums versus monthly installments.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 4

    QUIZ: CHAPTER 3 (3.

    1 Savings & Investments)


    NAME:
    CLASS:

    QUESTION 1
    State TRUE/FALSE for the following statements
    NO. Types Of Saving Statements TRUE/FALSE
    1 Saving Account Account holders may withdraw
    the saving at any time at an ATM
    by using a debit card
    2 Fixed Deposit Account Account holders can make
    payments through using cheques
    3 Current Account Account holders need to save a
    fixed amount of money for a
    certain period
    (3 Marks)
    QUESTION 2
    Match each of the following
    NO. Types of Investments

    1 Shares
    Involve in buying of properties like
    houses

    2 Unit Trusts A company issues shares for sale to


    the public with the purpose of raising
    capital
    3 Real Estates Funds are managed by some
    companies

    (3 Marks)
    QUESTION 3
    Encik Sham deposits RM5000 in a bank which pays a simple interest rate of 4 % per annum.
    Calculate the total interest earned by Encik Sham for a period of 5 years
    (2 Marks)
    Answer:

    QUESTION 4
    Mr Khoo saves RM6000 in a bank which offers an interest rate of 5% per annum. The
    interest is compounded once a year.
    Calculate the total savings after 3 years.
    (2 Marks)
    Answer:

    QUESTION 5
    Encik Zarif deposited RM18000 in a savings account for 1 year in an Islamic bank, which
    follows the principle of wadiah. At the end of the year, he received a sum of RM18540 as
    returns from his savings.
    Calculate the percentage of hibah received by Encik Zarif.
    (2 Marks)
    Answer:
    QUESTION 6
    At the beginning of the year 2017 , Mr Goh bought 2000units of Syarikat UNI Berhad shares
    at RM2.50per unit. For the financial year that ended on 31 August 2017 , the company
    announced a dividend of 6%. On 5 October 2017 , Mr Goh sold all the shares he owned at
    RM3.00 per unit.
    Calculate dividend and hence calculate the ROI obtained by Mr Goh for the year.
    (5 Marks)
    Answer:
    QUESTION 7
    Encik Zainal will invest a lump sum of RM12000 to buy the shares of Syarikat Elite which
    are priced at RM0.23per unit
    Cik Eliza will also invest RM12000 in the shares of Syarikat Elite by buying RM2000 of
    shares every month for 6months.
    The table shows the shares prices of Syarikat Elite bought by Cik Eliza on a monthly basis,
    Month March April May June July August
    Share
    price per RM0.23 RM0.22 RM0.20 RM0.19 RM0.20 RM0.18
    unit

    Calculate the average cost per share bought by Encik Zainal and Cik Eliza.
    Hence state who is a wise investor and justify your answer.
    (6 Marks)
    Answer:

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