
Understanding TVM Solver for Annuities and Loans

Interactive Video
•
Mathematics, Business
•
9th - 12th Grade
•
Hard

Amelia Wright
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 'capital N' represent in the context of a TVM solver?
The number of payment periods per year
The total number of compounding periods
The annual interest rate
The future value of the investment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the 'i percent' in the TVM solver?
It indicates the future value
It denotes the present value
It is the annual interest rate as a percentage
It represents the number of payment periods per year
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the savings annuity example, how many years will the savings be accumulated?
65 years
41 years
12 years
24 years
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the monthly payment amount in the savings annuity example?
$300
$400
$200
$100
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the annual interest rate used in the example?
6.5%
5.5%
4.5%
7.5%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the present value of the savings annuity at the start?
$5000
$10000
$1000
$0
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How often are the payments and interest compounded in the example?
Quarterly
Monthly
Weekly
Annually
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