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WorksheetsBUS. FINANCE EXAM
Total questions: 77
Worksheet time: 44mins
name: (a) tapusa ni nga exam ug tarunga kay final exam ni basin mabagsak kah.
A sum at simple interest of 13.5% per annum amounts to Rs. 3080 in 4 years. Find the sum
1550
2000
1680
1850
Kriya deposits an amount of Rs. 65800 to obtain a simple interest at the rate 14% per annum for 4 yrs. What total amount will kriya get at the end of 4 years
102648
115246
125578
110324
The effective rate of interest corresponding to a nominal rate of 22% per annum simple interest half yearly is
44%
23.21%
46.42%
22%
What will be the compound interest on a sum of Rs. 50000 after 3 years at 12% p.a.
80000
70246.40
20246.40
70000
The compound interest on 30000 at 7% per annum for a certain time is 4347. The time is
2 years
5 years
3 years
4 years
The principal amounts which yields a compound interest of Rs. 208 in second year at 4% is
5000
10000
130000
6500
What is the difference between compound interest and simple interest for 2 years on the sun of Rs. 1250 at 4%
3
4
2
8
A sum amounts to 2916 in 2 years and 3149.28 in 3 years at compound interest. The sum is
1500
2500
2000
3000
Raja invested Rs. 15000 at the rate of 10% per annum for 1 years compounded half yearly. Amount received by Raja at the end of the year
16537.50
17323.6
19000.50
20022.6
In an examination a students scores 4 marks for every correct answer and losses 1 mark for every wrong answer. A student attempted all 200 questions and scored 200 marks. Find the number of questions he answered correctly
82
80
68
60
Deepak has some hens and some goats. If the total number of animals head is 90 and the total number of animal feet is 248, what is the total number of goats deepak has
32
36
34
None of the above
The time by which a sum of money would treble it self at 9% p. a C. I is
14.28 years
14 years
13 years
None of these
A person bought a house paying Rs. 20,000 cash down and Rs. 5,000 at the end of each year for 25 yrs. at 5% p.a. C.I. The cash down price is
70469.72
90469.72
50469.72
80469.72
Mr. Paul borrows Rs 20,000 on condition to repay it with C.I. at 5% p.a in annual installments of Rs 3000 each. The number of years for the debt to be paid off is
10 Years
9 Years
14.2 Years
8 Years
A person invests Rs. 500 at the end of each year with a bank which pays interest at 10%
p. a C.I. annually. The amount standing to his credit one year after he has made his yearly investment for the 10th time is.
8765.58
8888.58
8465.58
8123.22
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
You invest $800 every year in an account that pays 6% interest, compounded annually. How much money would this account have after 5 years? Round your answers to the nearest cent.
$4,509.67
$4,500
$0.67
If P = Rs. 1,000, R = 5% p.a, n = 4; What is Amount and C.I. is
Rs. 1,215.50, Rs. 215.50
Rs. 1,125, Rs. 125
Rs. 2,115, Rs. 115
None
Rs. 100 will become after 20 years at 5% p.a compound interest of
250
205
165.33
None
The effective rate of interest corresponding to a nominal rate 3% p.a payable half yearly is
3.2% P.A
3.25% P.A
3.0225% P.A
None
A machine is depreciated at the rate of 20% on reducing balance. The original cost of the machine was Rs. 1,00,000 and its ultimate scrap value was Rs. 30,000. The effective life of the machine is
4.5 Years (Appr.)
5.4 years (appx.)
5 years (appx.)
None
If A = Rs. 1,000, n = 2 years, R = 6% p.a compound interest payable half-yearly, then principal (P) is
688.50
885
800
None
The population of a town increases every year by 2% of the population at the beginning of that year. The number of years by which the total increase of population be 40% is
7 Years
10 Years
17 Years (Appr.)
None
The difference between C.I and S.I on a certain sum of money invested for 3 years at 6% p.a is Rs. 110.16. The principle is
3,000
3,700
12,000
10,000
The useful life of a machine is estimated to be 10 years and cost Rs. 10,000. Rate of depreciation is 10% p.a. The scrap value at the end of its life is
3,486.78
4,383
3,400
None
The effective rate of interest corresponding a nominal rate of 7% p.a convertible quarterly is
7%
7.5%
5%
7.28%
The C.I on Rs. 16,000 for 1 ½ years at 10% p.a payable half -yearly is
2,222
2,522
2,500
None
The present value of an annuity of Rs. 3000 for 15 years at 4.5% p.a CI is
23,809.41
32,214.60
32,908.41
None
The amount of an annuity certain of Rs. 150 for 12 years at 3.5% p.a C.I is
2,190.28
1,290.28
2,180.28
None
A loan of Rs. 10,000 is to be paid back in 30 equal instalments. The amount of each installment to cover the principal and at 4% p.a CI is
587.87
587
578.30
None
a = Rs. 100 n = 10, i = 5% find the FV of annuity Using the formula FV = a / {1 + i) n – 1}, FV is equal to
1,258
2,581
1,528
None
If the amount of an annuity after 25 years at 5% p.a C.I is Rs. 50,000 the annuity will be
1,406.90
1,047.62
1,146.90
None
Given annuity of Rs. 100 amounts to Rs. 31,37.12 at 4.5% p.a C. I. The number of years will be
25 Years (Appr.)
20 Years
22 Years
none
A company borrows Rs. 10,000 on condition to repay it with compound interest at 5% p.a by annual installments of Rs. 1000 each. The number of years by which the debt will be clear is
14.2 years
10 years
12 years
None
Mr. X borrowed Rs. 5,120 at 12 ½ % p.a C.I. At the end of 3 yrs, the money was repaid along with the interest accrued. The amount of interest paid by him is
2,100
2,170
2,000
None
Mr. Paul borrows Rs. 20,000 on condition to repay it with C.I. at 5% p.a in annual installments of Rs. 2000 each. The number of years for the debt to be paid off is
10 Years
12 Years
11 Years
14.2 Years
The present value of annuity of Rs. 5,000 per annum for 12 years at 4% p.a C.I. annually is
46,000
46,850
15,000
46,925.40
The future value of $100 received today and deposited at 6 percent for four years is
$126
$79
$124
$116
The present value of $200 to be received 10 years from today, assuming an opportunity cost of 10 percent is
$120
can't be determined
$77
$300
If a loan of 30,000 is to be paid in 5 annual installments with interest rate of 9% per annum, then the equal annual installment will be;
can't be determined
7720.63
7,713.00
7713.26
Clara wants to buy a car worth $25,000, 3 years from now. To accumulate the
$25,000, she needs to make equal annual end-of-year deposits into an account
paying annual interest of 5 percent. How much should the annual deposit be?
7,930
6,490
9,510
6,905
It is a series of equal payments at regular intervals.
Interest
Annuity
Logic
Proposition
Ordinary annuity is paid or received at the _______ of the time periods.
beginning
end
middle
quarter
Time‑value of money is based on the belief that a dollar that will be received at some future date is worth more than a dollar today.
TRUE
FALSE
The annual rate of return is variously referred to as the
discount rate.
opportunity cost.
cost of capital.
all of the above.
The future value of a peso amount _________ as the interest rate increases and _________ the farther in the future an initial deposit is to be received.
decreases; decreases
decreases; increases
increases; increases
(a) is a stream of unequal periodic cash flows that reflect no particular pattern.
