ou hanr n Sypmisc you dposial 30z the andof 201 2012,3013 and 2014 1sw compounding of 8 by your bank A $1025 25 B $1235 53 C $1183 53 D $1126 53 p 21 You want to deposit anounts in the bark at the end of 2011, 2012,2013 and 2014, so that you have $1259 71 in your account on 1 January 2015 Cakuine how large cach of your payments would need to be ifthe bank compounds quarterly a8 pa A $279 56 B $259 83 C $284 19 D $314 93 Assume that you will noquare $1000 in four years' time Suppoic that you can afind to deposit only $18629 the endofeach year, the first deposit to be made in one year's time What interest rate would you require to reach your larget if the bank compounds anneally A 15 pa B 18 5 pa C, 20 pa D 22 5 pa 23 You have a goal to raise S1000 nfour years' tine If your moter gives you$400 athe end ofthe first year, you make six depots of cqual amounts every sis months theraler, nd all the monecy is deposited in a hunk, which pagyi 8hs pa compounded somi anmualy,ow rge mont each of the sis payments be for you to reach your targer A $74 46 B $65 55 C $82 74 D $77 26 Cul alate the cfkerve annual innerente emesponding to 12 pa, compounded quarterly A, 11 9 B 12 55 C 12 45 D 12 71 What is the present value of S500 payable in 10 years time if the interest rate is 6 p a A $290 50 B $335 60 C $895 40 D $279 20 26 What is the present value of theolloing cash ow stroam, disood t p a A $2859 20 B $3563 40 C $3078 63 D $2782 40 Year 1, $100, Ycar 2,$400, Years 3 theough 20, 300 27 What is the inpliod intcrent ratc if you bonow 58S 000 and promise to pry back $201 229 a the md of 10 years , 9 B 18 p a C 11 p a D 1396 p 28 Karn has bomoued $12 000 in studon loans a A 10 years B 15 years C 12 years D 17 years 29 A 106 7 B 67 C 7 D 8 2 000 be werth sh A $55 258 B $135 914 C $62 519 D $98 352 31 Whit isthe effective maul inerest teeme ponding to a nominal isee rate of 10 pa, oeponingcoerusnly A 10 5 B 10 9 C 12 5 D 13 Caloulate the vaue of n invotment a the ond of its fourth yeur if the initial i is $30 000 and i produces the folliowing ual rates of A $14 295 B $13 100 $13293 D $11 957 A $2030 93 B $26 030 93 C $28 920 D (S1163 19) A $90 B $1100 C $909 D Infinity Debt Lud borrowed $100 000 fros its local bank to finance the purchase of new oquipment Annual payments ane required over five years aa fixed interest rate of 10 pa How much is each Mmal peynar A $27 398 18 B $20 000 00 C S26 379 75 D $24 444 12 36 Debx Lid borowed $100 000 from its local bask to finance the puarchasc ef new oquipment Aneual pymats are roquired over A $27 398 18 B $20 000 00 C $26 379 75 D $24 444 12 37 Five yan ago you estored into a loan agrosnt to te borrow $100 000 The loun was to be paid off ovar 20 years through oqeal mosthly A $949 B $1066 C $1101 D $1223 Ha 38 Jatn has just boen cmploged by a presigios firm drng years beloxe roiring He buys a new lsuy home wih salary of 5,300 000, paid at the ond of each yeoar He plans to work for five A $93 926 B $246 819 C $94 754 D $112 754 39 Kristy has to make rental payments of $1000 a the start of every month, throughout the four year duration of ber university course Her foces are 54000 to be paid iat the start of eash year She eans $1 500 per month (paid at the end of each month) from a part time job Assune a interest rate of 8 pa and thatshe keeps the par'tinejobforthe notforym low much money, i ,prent value erms, a, deith r each month for the next four years A $144 B S126 C $55 40 eass 510 000 per monh or the next 25 yean, ather which he netires During the fist five years of rtioment, be afler which he dies His son, San, inherits the Sean will be paid dw money inequal peynan the strofevery mntL for the nost 20yon Gnm fixed interest tale of9 pa cakalate be amount of the monthly payments the Seen reoeives A $98 250 B $97 340 C $98 270 D $97 519 41 A $46 387 B $49 077 C $39 926 D $37 041 TIS 42 pay mone isterost and by heow much A Simple interest by $$0 00 B Compound interest by $122 97 C Compound interest by $145 78 D Simple interest by $150 00 3 Your parents give you S120 per week for living expenses while you are doing a three year degree in finance If annum, what is this cash flow worth when you start your degree the interest rate is 65 per A $15 125 B $16 998 C $26 026 D $27 330 44 What is the difference between daily and monthly compounding for a nominal interest rate of 7 per annum A 0 06 B 0 04 C 0 02 D 0 01 45

Question

ou hanr n Sypmisc you dposial 30z the andof 201 2012,3013 and 2014 1sw  compounding of 8  by your bank  A  $1025 25 B  $1235 53 C  $1183 53 D  $1126 53 p 21  You want to deposit anounts in the bark at the end of 2011, 2012,2013 and 2014, so that you have $1259 71 in your account on 1 January 2015 Cakuine how large cach of your payments would need to be ifthe bank compounds quarterly a8 pa A  $279 56 B  $259 83 C $284 19 D  $314 93 Assume that you will noquare $1000 in four years' time Suppoic that you can afind to deposit only $18629 the endofeach year, the first deposit to be made in one year's time  What interest rate would you require to reach your larget if the bank compounds anneally  A  15  pa  B  18 5  pa  C, 20  pa  D  22 5  pa 23  You have a goal to raise S1000 nfour years' tine  If your moter gives you$400 athe end ofthe first year, you make six depots of cqual amounts every sis months theraler, nd all the monecy is deposited in a hunk, which pagyi 8hs pa  compounded somi anmualy,ow rge mont each of the sis payments be for you to reach your targer  A  $74 46 B  $65 55 C $82 74 D  $77 26 Cul alate the cfkerve annual innerente emesponding to 12  pa, compounded quarterly A, 11 9  B  12 55  C  12 45  D  12 71  What is the present value of S500 payable in 10 years time if the interest rate is 6  p a  A  $290 50 B  $335 60 C $895 40 D  $279 20 26  What is the present value of theolloing cash ow stroam, disood t  p a  A  $2859 20 B  $3563 40 C  $3078 63 D  $2782 40 Year 1, $100, Ycar 2,$400, Years 3 theough 20, 300 27 What is the inpliod intcrent ratc if you bonow 58S 000 and promise to pry back $201 229 a the md of 10 years  , 9     B  18  p a  C  11  p a D  1396 p  28 Karn has bomoued $12 000 in studon loans a A  10 years B  15 years C  12 years D  17 years 29  A  106 7  B 67  C 7  D  8 2  000 be werth sh A  $55 258 B  $135 914 C  $62 519 D  $98 352 31  Whit isthe effective  maul inerest teeme ponding to a nominal isee rate of 10  pa, oeponingcoerusnly  A  10 5  B  10 9  C  12 5  D  13  Caloulate the vaue of n invotment a the ond of its fourth yeur if the initial i is $30 000 and i  produces the folliowing ual rates of A  $14 295 B  $13 100  $13293 D  $11 957 A  $2030 93 B  $26 030 93 C  $28 920 D  (S1163 19) A  $90 B  $1100 C  $909 D  Infinity Debt Lud borrowed $100 000 fros its local bank to finance the purchase of new oquipment  Annual payments ane required over five years aa fixed interest rate of 10  pa How much is each Mmal peynar  A  $27 398 18 B  $20 000 00 C  S26 379 75 D  $24 444 12 36  Debx Lid borowed $100 000 from its local bask to finance the puarchasc ef new oquipment Aneual pymats are roquired over A  $27 398 18 B  $20 000 00 C  $26 379 75 D  $24 444 12 37  Five yan ago you estored into a loan agrosnt to te borrow $100 000  The loun was to be paid off ovar 20 years through oqeal mosthly A  $949 B  $1066 C  $1101 D  $1223 Ha 38  Jatn has just boen cmploged by a presigios firm drng years beloxe roiring He buys a new lsuy home wih salary of 5,300 000, paid at the ond of each yeoar He plans to work for five A  $93 926 B  $246 819 C  $94 754 D  $112 754 39  Kristy has to make rental payments of $1000 a the start of every month, throughout the four year duration of ber university course Her foces are 54000 to be paid iat the start of eash year  She eans $1 500 per month (paid at the end of each month) from a part time job  Assune a interest rate of 8  pa and thatshe keeps the par'tinejobforthe notforym low much money, i ,prent value erms, a, deith r each month for the next four years  A  $144 B  S126 C $55 40  eass 510 000 per monh or the next 25 yean, ather which he netires During the fist five years of rtioment, be afler which he dies His son, San, inherits the Sean will be paid dw money inequal peynan  the strofevery mntL for the nost 20yon Gnm   fixed interest tale of9 pa cakalate be amount of the monthly payments the Seen reoeives A  $98 250 B $97 340 C  $98 270 D  $97 519 41  A  $46 387 B  $49 077 C $39 926 D  $37 041 TIS 42  pay mone isterost and by heow much A  Simple interest by $$0 00 B  Compound interest by $122 97 C  Compound interest by $145 78 D  Simple interest by $150 00 3  Your parents give you S120 per week for living expenses while you are doing a three year degree in finance  If annum, what is this cash flow worth when you start your degree  the interest rate is 65  per A  $15 125 B  $16 998 C  $26 026 D  $27 330 44  What is the difference between daily and monthly compounding for a nominal interest rate of 7  per annum  A  0 06  B  0 04  C  0 02  D  0 01   45

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ou hanr n Sypmisc you dposial 30z the andof 201.2012,3013 and 2014.1sw -compounding of 8% by your bank? A. $1025.25 B. $1235.53 C. $1183.53 D.

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