Neco Model Questions Vol1 2021 Christian Religious Studies Question 15

Practice objective / multiple choice question 15 from the 2021 Neco Model Questions Vol1 Christian Religious Studies examination.

Neco Model Questions Vol1 2021 Christian Religious Studies Objective / Multiple Choice Medium Difficulty
Question 15 NECO_MODEL_QUESTIONS_VOL1 • 2021 • CHRISTIAN_RELIGIOUS_STUDIES • objective

In the Parable of the Talents, the servant who invests his talent is praised. Today, Student A receives a grant of \(\$5{,}000\) and invests it at \(8\%\) simple interest for 3 years, while Student B keeps the money unchanged. Calculate the final amount each student has and state which student's action follows the teaching of the parable.

Answer Options

Correct Answer A. Student A, 6200
B. Student A, 5800
C. Student A, 6500
D. Student B, 5000
Correct Answer
A
Correct Option:
Student A, 6200

About This Question

This is Neco Model Questions Vol1 2021 Christian Religious Studies Question 15. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Christian Religious Studies examination.

Difficulty level: Medium .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support