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[ENTREP] Chapter 2 Solving
University
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[ENTREP] Chapter 2 Solving
Quiz
•
Business
•
University
•
Practice Problem
•
Hard
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17 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 7 pts
Candice-JM banking company offers a 5.7% interest rate for a money investment. How many years would it double?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Candice opened a bank account last Jan. 1, 2024 amounting to 40,000 pesos. How much is the net interest income she will earn by Jan. 1, 2025?
20
25
30
40
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many percent is the bank commission for every investment?
10%
20%
15%
30%
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Candice opened a bank account last Jan. 1, 2024 amounting to 550,000 pesos. How much would be the net interest income he will earn by July 1, 2025?
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Candice opened a bank account last Jan. 1, 2024 amounting to 550,000 pesos. How much would be the net interest income he will earn by July 1, 2025? How much would be the bank commission?
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
JM offered Candice to try UITF. Candice decided to invest 200,000 pesos.
UITF NET VALUE: 12,200 pesos
How many shares can Candice buy?
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
JM offered Candice to try UITF. Candice decided to invest 200,000 pesos.
UITF NET VALUE: 12,200 pesos
After 6 months, net present value is at 13,400 pesos. How much would Candice earn per share?
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