Business Mathematics Practice Tests

Business Mathematics Online Tests

The *Single Payment Computations Multiple Choice Questions (MCQ Quiz) with Answers PDF*, Single Payment Computations MCQ PDF e-Book download to practice Business Mathematics Tests. Study Mathematics of Finance Multiple Choice Questions and Answers (MCQs), Single Payment Computations quiz answers PDF for bachelors degree online. The *Single Payment Computations MCQ App* Download: Free learning app for cost benefit analysis, single payment computations, annuities and present value, annuities and future values test prep for general business degree online.

The MCQ: *Nominal rate which is compounded more frequently than annually is equal to interest rate;* "Single Payment Computations" App Download (Free) with answers: Compounded annually; Compounded monthly; Discounted annually; Discounted monthly; for bachelors degree online. Practice Single Payment Computations Quiz Questions, download Apple eBook (Free Sample) for online courses for business management degree.

*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

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

- compounded annually
- compounded monthly
- discounted annually
- discounted monthly

a

*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

*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

*The interest earned plus principal amount is considered as*

- semiannual amount
- compound amount
- discount amount
- annual amount

b

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