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Mathematics of Finance

Authored by Macaulay Macaulay

Mathematics, Business

11th Grade - University

Used 15+ times

Mathematics of Finance
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10 questions

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1.

FILL IN THE BLANKS QUESTION

20 sec • 1 pt

What is the science and art of managing money?

(a)  

2.

FILL IN THE BLANKS QUESTION

20 sec • 1 pt

_ is the fee or rent that lenders charge to borrowers for the temporary use of the borrowed money.

(a)  

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Uses 30 days in every month.

Actual Time

Approximate Time

Ordinary Time

Exact Time

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Uses the exact number of days in every specific month

Actual Time

Approximate Time

Ordinary Time

Exact Time

5.

FILL IN THE BLANKS QUESTION

20 sec • 1 pt

_ interest is computed in a 365 days in a year as the time factor denominator.

(a)  

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In the formula I = F-P, F stands for what?

Conversion Number

Interest Amount

Maturity value

Principal Amount

7.

FILL IN THE BLANKS QUESTION

20 sec • 1 pt

What is the number of compounding that take place in a year?

(a)  

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