Business Mathematics MCQs - Chapter 7

Mathematics of Finance Trivia Questions & Answers PDF Download - 4

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The Quiz: The series of payments made periodically is classified as; "Mathematics of Finance" App APK Download with answers: Effective payment; Annuity; Marginal payment; Nominal payment; for online schools for business degrees. Practice How to Solve Inequalities Quiz Questions, download Kindle eBook (Free Sample) to learn online schools courses.

Mathematics of Finance Test Questions and Answers PDF Download: MCQ 4

MCQ 16:

The series of payments made periodically is classified as

annuity
effective payment
marginal payment
nominal payment

MCQ 17:

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

fractional annual rate
marginal annual rate
nominal annual rate
effective annual rate

MCQ 18:

The process of loan repayment by installment payments is classified as

amortizing a loan
depreciation a loan
appreciation of loan
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

$10,000
−$10000
$110,000
−$110000

MCQ 20:

In calculating interest, any unit of time is classified as

per period
per interest rate
per investment
per price unit

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