Business Mathematics MCQs (BBA Business Administration) From Textbook

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Business Mathematics Certification MCQs – Practice Test 3 (Chapter 7)

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The MCQ: The interest earned plus principal amount is considered as; "Mathematics of Finance Quiz" App (iOS, Android) with answers: compound amount, semiannual amount, discount amount, and annual amount to learn distance learning courses. Study Optimal Solutions Quiz Questions, download Google Book (Free Chapter) for accredited online business management degree.

Mathematics of Finance Quiz – Practice Test 3 PDF Download

MCQ: 11

The interest earned plus principal amount is considered as

  1. semiannual amount
  2. compound amount
  3. discount amount
  4. annual amount
MCQ: 12

The stated annual rate of interest is referred as

  1. classified rate
  2. fractional rate
  3. marginal rate
  4. nominal rate
MCQ: 13

The compounding if occurs more than once in an annual period then the rate used is

  1. nominal annual rate
  2. effective annual rate
  3. fractional annual rate
  4. marginal annual rate
MCQ: 14

The negative cash flows are classified as

  1. present cash
  2. future cash
  3. cash inflows
  4. cash outflows
MCQ: 15

In the formula S = P+iP, the S is classified as

  1. compound amount
  2. interest amount
  3. discount amount
  4. specified amount

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Mathematics of Finance Quiz Apps (Android & iOS)

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