BBA Management Courses

Books:

Apps:

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.

## Single Payment Computations MCQs: Questions and Answers

MCQ 1:

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

1. 0.4
2. 0.04
3. 40
4. 0.004
MCQ 2:

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

1. compounded annually
2. compounded monthly
3. discounted annually
4. discounted monthly
MCQ 3:

In the formula of simple interest, the definition of period implies on

1. i and n
2. p and n
3. I and P
4. p and P
MCQ 4:

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

1. 3
2. 0.2
3. 0.02
4. 20
MCQ 5:

The interest earned plus principal amount is considered as

1. semiannual amount
2. compound amount
3. discount amount
4. annual amount