You have amortization schedule to pay back $50,000 with 3% for 20-payments (Your first payment is one period from today.). After the 19th payment, what is your left balance amount (The amount you still owe)?

		$3243.
		$3253.
		$3263.
		$3273.

You have amortization schedule to pay back $5,000 with 12% for 20-payments (Your first payment is one period from today.). From the 2nd to 8th payments, what is your interest payments amount?

		$3902.
		$3912.
		$3922.
		$3932.

Consider an interest rate that is quoted as 12% per year with semiannual compounding. The equivalent rate with continuos compounding is:

11.954%.

11.654%.

12.654%.

12.954%.

If the annual interest rate based on simple rate (compounding your interest payment once a year) is 20%. What is the annual interest rate is 12 times per year (compounding frequency is 12)?

		22%.
		32%.
		42%.
		44%.

An investment is expected to produce the cash flows of $100, $200 and $300 at then end of the next three years. If the required rate of return is 12%, the present value of this investment is closest to:

		$321.
		$355.
		$462.
		$438.

Consider an interest rate that is quoted as 24% per year with compounding frequency m=4. The equivalent rate with compounding frequency m = 365 is:

		18.8528%.
		20.2289%.
		25.1986%.
		28.9981%.

For planning purposes, an individual wants to be able to spend $100,000 per year, at the end of each year, for an anticipated 30 years in retirement. In order to fund this retirement account, he plan to make annual deposits for 20 years at the end of his each working year. What is the amount he need deposit each year to fund his desired retirement spending? Use 10% as an annual simple rate for all calculations.

		$13321.
		$14424.
		$16459.
		$17211.

Consider an interest rate that is quoted as 16% per year with compounding frequency m=4. The equivalent rate with compounding frequency m = 12 is:

		14.7913%.
		14.8826%.
		15.7913%.
		15.8826%.