Question
notes : i hope the answer can be fully complete i-Given a 3-month KLIBOR =5%, Spread =2%, SRR =4%, and OPR=3%, compute the variable interest
notes: i hope the answer can be fully complete
i-Given a 3-month KLIBOR =5%, Spread =2%, SRR =4%, and OPR=3%, compute the variable interest rate?
Select one:
A. 7.21%
B. 8.33%
C. 5.21%
D. 3.13%
ii-En Tamrin invests RM9,000 in an investment paper for 1 year that pays an interest rate of 10%. At the end of one year on the maturity of the investment, he receives RM10,000. What is the interest rate used in En Tamrins investment?
Select one:
A. Coupon interest
B. Discount interest
C. Compound interest
D. Flat interest
iv-En Tamrin invests RM9,000 in an investment paper for 1 year that pays an interest rate of 10%. At the end of one year on the maturity of the investment, he receives RM10,000. Calculate En Tamrin effective rate of return.
Select one:
A. 11.11%
B. 10.11%
C. 12.11%
D. 9.11%
Johns car loan RM40,000 is charged at 2.5% p.a. flat for 4 years. Compute the total interest charged on Johns loan.
Select one:
A. RM4,000
B. RM208.33
C. RM64,000
D. RM2,083
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