Chapter 7: Business Mathematics Exam Tests
Business Mathematics MCQs - Chapter 7
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The regular deposits to savings account and periodic payments for retirement funds are considered as
The formula used for annuity A as R[(1+i)n -1]⁄i(1+i)n used to calculate
The portion of formula used to calculate equal payment annuity [(1+i)n -1]⁄i(1+i)n is classified as
The reciprocal of series compound amount factor is classified as
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
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