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Business Mathematics MCQs (BBA Business Administration) From Textbook

Business Mathematics Exam MCQs – Practice Test 4 (Chapter 7)

Mathematics of Finance Notes Questions with Answers PDF Download – Test 4

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Mathematics of Finance MCQs – Practice Test 4 PDF Download

MCQ 16: The series of payments made periodically is classified as:

  1. annuity
  2. effective payment
  3. marginal payment
  4. nominal payment

MCQ 17: The formula written as r = (1+i⁄m)m -1 is used to calculate:

  1. fractional annual rate
  2. marginal annual rate
  3. nominal annual rate
  4. effective annual rate

MCQ 18: The process of loan repayment by installment payments is classified as:

  1. amortizing a loan
  2. depreciation a loan
  3. appreciation of loan
  4. appreciation of investment

MCQ 19: The present value of cash inflows is $60,000 USD and present value of cash outflows is $50,000 USD then net present value is:

  1. $10,000
  2. −$10000
  3. $110,000
  4. −$110000

MCQ 20: In calculating interest, any unit of time is classified as:

  1. per period
  2. per interest rate
  3. per investment
  4. per price unit

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