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Business Mathematics MCQs – Mock Test 42

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Free "Single Payment Computations MCQ" App Download (Android & iOS) with MCQ: Stated annual rate of interest is referred as; with answers: fractional rate, classified rate, nominal rate, and marginal rate. Practice Mathematics of Finance Questions and Answers, Google Book to download free chapter for business administration degree courses.

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MCQ 206: The stated annual rate of interest is referred as:

  1. classified rate
  2. fractional rate
  3. marginal rate
  4. nominal rate

MCQ 207: The matrix algebra results in identity matrix when the matrix is multiplied by the:

  1. negative results
  2. additive results
  3. inverse results
  4. combination results

MCQ 208: According to the dual problems, the column coefficients in the dual statement becomes:

  1. row coefficients in primal
  2. row coefficients in dual
  3. column coefficients in dual
  4. column coefficients in primal

MCQ 209: The formula x = (-b ± √(b² - 4ac)) ⁄ 2a classified as:

  1. no root formula
  2. quadratic formula
  3. one root formula
  4. two root formula

MCQ 210: The real world phenomena if shown as mathematical representation then it is called:

  1. phenomenal model
  2. mathematical model
  3. representation model
  4. real model

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