Free Printable Finance Quiz 5

Worksheets

Name

Class

Date

Calculate PMT- If Interest rate is- 5%, NPER is 6months, PV-Rs. 10,000

₹ 1,970.17

₹ 1,960.17

₹ 1,980.17

₹ 1,990.17

When we increase tenure of the loan, then total interest pay-out goes (a)

(1) Pay the increased EMI and finish the loan in the same tenure

(2) Pay the same EMI and increase tenure

Both Options are available to the Loan Client for Loan Restructuring

Yes

May be

Calculate NPER if Rate is 7.5%, PMT is 20, PV is Rs. 5000

41.24

30.24

52.24

31.28

Reset

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