As a borrower, you should prefer the bank that ____________________ compound per year?
Correct!
Wrong!
Which of the following expresses 6.5%?
Correct!
Wrong!
With continuous compounding at 8 percent for 20 years, what is the approximate future value of a Rs. 20,000 initial investment?
Correct!
Wrong!
How much will Rs. 10,000 grow into in 5 years if you earn 10%?
Correct!
Wrong!
With continuous compounding at 10% for 30 years, the future value of an investment of Rs. 2,000 is closest to?
Correct!
Wrong!
Find the compound amount for the deposit, Rs. 1,900 at 10% compounded quarterly for 4 years?
Correct!
Wrong!
You invest Rs. 300,000 today at the rate of 10% per year (for the entire length of this investment of Rs. 300,000 from today to year 8). After 5 years from today you invest Rs. 200,000 more at the rate of 12% per year (for the 3 years of this investment of Rs. 200,000 from years 5 to 8). After 8 years from today all your investments are returned to you. How much will you receive after 8 years from today?
Correct!
Wrong!
You deposit Rs. 45,000 into an account at 4% interest compounded quarterly, how much would you have in 5 years?
Correct!
Wrong!
Interest has 3 types?
Correct!
Wrong!
With continuous compounding at 8 percent for 20 years, what is the approximate future value of a Rs. 20,000 initial investment?
Correct!
Wrong!
The concept of compound interest refers to?
Correct!
Wrong!
You invest Rs. 500,000 today at the rate of 8% per year. After 6 years from today you withdraw Rs. 300,000. After 10 years from today you receive the remaining owed. How much will you receive after 10 years from today?
Correct!
Wrong!
The value of money to be received in the future is _______the value of the same amount of money in hand today?
Correct!
Wrong!
If bank giving 12% interest rate per year, then per month it will be?
Correct!
Wrong!
You just purchased a piece of land for Rs. 10,000. If you expect a 12% annual rate of return on your investment, how much will you sell the land for in 10 years?
Correct!
Wrong!
What is the future value of a Rs. 10,000 college tuition fund if the nominal rate of interest is 12 percent compounded monthly for five years?
Correct!
Wrong!
You invest Rs. 100,000 today at the rate of 8% per year. After 5 years you deposit Rs. 150,000 more. After 7 years all your investments are returned to you. How much will you receive after 7 years?
Correct!
Wrong!
The Future Value (FV) of Rs. 1,000 in 5 years at 5% interest rate will be?
Correct!
Wrong!
Interest paid (earned) on both the original principal borrowed (lent) and previous interest allowed (earned) is often referred to as __________?
Correct!
Wrong!
Interest paid (earned) on only the original principal borrowed (lent) is often referred to as ______________?
Correct!
Wrong!
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