Single Payment Computations MCQs Quiz Online PDF Download

Learn single payment computations MCQs, applied mathematics online test for MBA programs, online business analyst courses prep. Practice mathematics of finance multiple choice questions (MCQs), single payment computations quiz questions and answers. GMAT test prep on annuities and present value, annuities and future values, single payment computations tutorials for online math tutor courses distance learning.

Study bachelors and masters in mathematics degree MCQs: interest rate per year is 16 and compounding occurs every quarter then interest rate per compounding period is, for online courses with choices 0.4, 0.04, 40, and 0.004 problem solving skills for summative and formative assessment, competitive exam prep, interview questions with answer key. Free skills assessment test is for online learn single payment computations quiz questions with MCQs, exam preparation questions and answers. Single Payment Computations Video

MCQs on Single Payment ComputationsQuiz PDF Download

MCQ: Interest rate per year is 16 and compounding occurs every quarter then interest rate per compounding period is

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

B

MCQ: 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

A

MCQ: In formula of simple interest, definition of period implies on

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

A

MCQ: Interest rate per year is 24% and compounding occurs every month then interest rate per compounding period is

  1. 3
  2. 0.2
  3. 0.02
  4. 20

C

MCQ: Interest earned plus principal amount is considered as

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

B