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TVM Solver

Authored by Merin Simon

Mathematics

12th Grade

CCSS covered

Used 19+ times

TVM Solver
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10 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

How much does Halena need to deposit into an account to collect $50 000 at the end of 3 years if the account is paying 5.2 % p.a. compounded quarterly?

50000

41520

42820.98

42820.99

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Find the future value of a truck which is purchased for $135 000 and depreciates at 15% p.a. for 5 years.

-271533.22

271533.22

49 900.32

59 900.22

Tags

CCSS.HSF.BF.A.2

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

PV stands for...

Present Venture

Present Vine

Present Value

Picture Value

Tags

CCSS.HSF.IF.A.2

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Car Loan Payment. What is Kim's monthly payment for a 4-year $9000 car loan with an APR of 7.95% from County Savings Bank?

$299.51

$219.50

$219.51

$199.51

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Car Loan Payment. What is Sarah's monthly payment for 3-year $4500 car loan with an APR 10.25% from County Savings Bank?

$114.67

$45.70

$145.20

$145.73

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

House Mortgage Payment. Gendo obtains a 30-year $86,000 house loan with an APR of 8.75% from National City Bank. What is her monthly payment?

$500

$676.56

$738.87

$730.28

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

House Mortgage Payment. Roberta obtains a 25-year $100,000 house loan with an APR of 9.25% from NBD Bank. What is her monthly payment?

$856.38

$743.12

$788.45

$942.02

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