재무관리 퀴즈 6/30

Which one of the following statements concerning interest rates is correct?
이자율에 관한 설명 중 옳은 것은?

• Savers would prefer annual compounding over monthly compounding.

• The effective annual rate decreases as the number of compounding periods per year increases.

• The effective annual rate equals the annual percentage rate when interest is compounded annually.

• Borrowers would prefer monthly compounding over annual compounding.

• For any positive rate of interest, the effective annual rate will always exceed the annual percentage rate.

You are comparing two annuities that offer monthly payments of $2,500 for five years and pay 0.75 percent interest per month. Annuity A will pay you on the first of each month, while annuity B will pay you on the last day of each month. Which one of the following statements is correct concerning these two annuities?
매월 $2,500씩 5년간 지급하는 두 연금을 비교하고 있다. 월 이자율은 0.75%이다. 연금 A는 매월 초에 돈이 지급되며, 연금 B는 매월 말에 지급한다. 이 두 연금에 대한 설명 중 옳은 것은?

• These two annuities have equal present values but unequal futures values at the end of year five.

• These two annuities have equal present values as of today and equal future values at the end of year five.

• Annuity B is an annuity due.

• Annuity A has a smaller future value than annuity B.

• Annuity B has a smaller present value than annuity A.

Luis is going to receive $20,000 nine years from now. Soo Lee is going to receive $20,000 six years from now. Which one of the following statements is correct if both Luis and Soo Lee apply a 7 percent discount rate to these amounts?

Luis는 9년 뒤에 $20,000를 받는다. Soo Lee는 6년 뒤에 $20,000을 받는다. 만약 Luis와 Soo Lee에게 적용될 할인율이 모두 7%라면, 다음 중 옳은 설명은?

• The present values of Luis and Soo Lee's monies are equal.

• In future dollars, Luis' money is worth more than Soo Lee's money.

• In today's dollars, Luis' money is worth more than Soo Lee's.

• Twenty years from now, the value of Luis' money will be equal to the value of Soo Lee's money.

• Soo Lee's money is worth more than Luis' money given the 7 percent discount rate.

At 6.1 percent interest, how long does it take to quadruple it?
연 이자율이 6.1%일 때 투자금액이 4배로 불어날 때까지 걸리는 기간은?

• 23.4 years

• 11.7 years

• 23.8 years

• 11.9 years

• 18.6 years

Suppose you are going to receive $13,500 per year for five years. The appropriate interest rate is 7 percent. What is the present value of the payments if the payments are an annuity due?
당신은 앞으로 5년 간 매년 $13,500씩 받을 것이다. 이자율은 7%이다. 만약 이 연금이 이상연금이라면 연금의 현재가치는 얼마인가?

• $59,227

• $55,353

• $34,426

• $48,934

• $61,932