Business Mathematics Competitive Exam MCQs – Practice Test 5 (Chapter 7)

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Mathematics of Finance MCQs – Practice Test 5 PDF Download

MCQ 21: The regular deposits to savings account and periodic payments for retirement funds are considered as:

marginal payment
nominal payment
annuity
effective payment

MCQ 22: The formula used for annuity A as R[(1+i)ⁿ -1]⁄i(1+i)ⁿ used to calculate:

future value of annuity
nominal value of annuity
sinking value of annuity
present value of annuity

MCQ 23: The portion of formula used to calculate equal payment annuity [(1+i)ⁿ -1]⁄i(1+i)ⁿ is classified as:

series future growth factor
series present worth factor
series future worth factor
series present growth factor

MCQ 24: The reciprocal of series compound amount factor is classified as:

series fund factor
sinking fund factor
annuity fund factor
nominal fund factor

MCQ 25: The present value of cash inflows is $70,000 USD and present value of cash outflows is $85,000 USD then net present value is:

−$155000
$15,000
−$15000
$155,000

Mathematics of Finance MCQs App & e-Book – Business Mathematics Competitive Exam

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