Business Mathematics MCQs

Business Mathematics MCQ PDF - Topics

Practice Single Payment Computations Multiple Choice Questions (MCQ), Single Payment Computations quiz answers PDF to learn business mathematics online course for business mathematics classes. Mathematics of Finance Multiple Choice Questions and Answers (MCQs), Single Payment Computations quiz questions for online courses for business management degree. "Single Payment Computations MCQ" PDF Book: cost benefit analysis, single payment computations, annuities and present value, annuities and future values test prep for best online colleges for business administration.

"The interest rate per year is 16 and the compounding occurs every quarter then interest rate per compounding period is" MCQ PDF: single payment computations with choices *0.4, 0.04, 40, and 0.004* for online courses for business management degree. Learn single payment computations quiz questions for merit scholarship test and certificate programs for online bachelor's degree in business management.

**MCQ**: The interest rate per year is 16 and the compounding occurs every quarter then interest rate per compounding period is

0.4

0.04

40

0.004

b

**MCQ**: The nominal rate which is compounded more frequently than annually is equal to interest rate

compounded annually

compounded monthly

discounted annually

discounted monthly

a

**MCQ**: In the formula of simple interest, the definition of period implies on

i and n

p and n

I and P

p and P

a

**MCQ**: The interest rate per year is 24% and the compounding occurs every month then interest rate per compounding period is

3

0.2

0.02

20

c

**MCQ**: The interest earned plus principal amount is considered as

semiannual amount

compound amount

discount amount

annual amount

b

Simplex Preliminaries MCQs

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