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WorksheetsTIME VALUE OF MONEY
Total questions: 10
Worksheet time: 6mins
The formula for compound value is :
FVn = PV (1+i)
FVn = PV/(1+i)
FVn = PV (1+i)n
FVn = (1+i)/PV
What is the future value of $1000 compounded annually at 8% for five years ?
$1,080
$1,400
$1,469
$1,800
Konsep nilai waktu uang adalah uang yang ada saat ini, nilainya sama dengan uang yang akan diterima masa mendatang
Benar
Salah
Computing the future value of an amount of money for any specified time period requires knowledge of the amount of principal and the interest rate
True
False
Nilai FVIF besarnya
lebih dari 1
kurang dari 1
sama dengan 1
The more frequently interest is compounded the greater the future value
True
False
Present value interest factor (PVIF) are usually less than 1.0
True
False
What is the present value of a ten year $1000 ordinary annuity discounted at 6% ?
$4886
$6145
$7360
$10000
Parents want to save $100,000 for their child's education. They plan to make fifteen equal year end payments and expect to earn an 8% annual interest rate. How much will they have to invest annually to accumulate the $100,000 ?
$2,542
$3,683
$6,139
$7,285
If you borrowed $120,000 to buy a hous and financed it at 10% annual interest for thirty years, what is your annual mortgage payment assuming that you make equal year end payment?
$4000
$3500
$5336
$12729
