Time Value of Money Quiz

According to the concept of the time value of money, money today is worth ______ than money in the future.

• More

• Less

• The same

• Double

Who are considered borrowers in the context of the time value of money?

• People who have more money than they need

• People who need more money than they have

• People who have exactly the amount of money they need

• People who do not use money

What is the interest rate if the amount owed is 1,100,000 VND?

• 0% interest

• 5% interest

• 10% interest

• 50% interest

How much is the interest if the principal is 1,000,000 VND and the total amount owed is 1,100,000 VND?

• 0 VND

• 50,000 VND

• 100,000 VND

• 500,000 VND

What is the principal amount if the total owed is 1,500,000 VND at 50% interest?

• 1,000,000 VND

• 1,050,000 VND

• 1,100,000 VND

• 1,500,000 VND

What is the debt amount at Year 0 according to the table?

• 1,000,000 VND

• 1,100,000 VND

• 1,200,000 VND

• 1,300,000 VND

If the debt increases by 10% each year, what will be the debt at Year 2?

• 1,210,000 VND

• 1,200,000 VND

• 1,300,000 VND

• 1,400,000 VND

What is the debt amount at Year 1?

• 1,000,000 VND

• 1,100,000 VND

• 1,210,000 VND

• 1,331,000 VND

What is the debt amount at Year 2?

• 1,000,000 VND

• 1,100,000 VND

• 1,210,000 VND

• 1,331,000 VND

What is the total debt after 3 years?

• 1,000,000 VND

• 1,100,000 VND

• 1,210,000 VND

• 1,331,000 VND