Chapter 4 Quiz - Quiz PDF

Preview

Summary

Quiz...

Description

Take Test: Chapter 4: Practice Quiz Test Information Question Completion Status:

QUESTION 1 1. Yourempl oye rhasa gr e e dt opl ac eye ar - enddeposi t sof$ 1, 00 0,$2 , 000and$ 3, 000i nt oyour r e t i r e me ntac c ount .The$1 , 000de pos i twi l lbeoneye a rf r om t oda y ,t he$2, 0 00de pos i tt woye ar s f r om t oda y ,andt he$3, 0 00de pos i tt hr e eye a r sf r om t oda y . I fyourac c ounte a r ns5% pe rye ar ,how muc hmone ywi l lyouha vei nt hea c c ounta tt hee ndofye a rt hr e ewhe nt hel a s tde pos i ti smade ? $ 6, 00 0 $ 6, 72 7. 88 $ 5, 35 7. 95 $ 6, 20 2. 50 1 points

Q UEST I O N 2 1. Gi ve nt hef ol l owi ngc a s hflows , wha ti st hef ut ur eval uea tye ars i xwhe nc ompounde da ta n i nt e r e s tr a t eof8. 0%?

2.

Ye a r Ca s hFl ow

0

2

4

6

$ 5, 00 0

$ 7 , 000

$ 9, 00 0

$11, 0 00

$ 42, 0 74. 4 2 $ 56, 6 87. 4 3 $ 38, 9 55. 3 9 $ $32 , 000 . 00 1 points

Q UEST I O N 3 1. I ff ort hene xt40ye a r syoupl a c e$ 3, 0 00i ne qualye a r - end- deposi t si nt oanac c ounte a r ni ng8% pe rye a r ,how muc hmone ywi l lbei nt heac c ounta tt hee ndoft ha tt i mepe r i od? $ 2, 60 6, 94 2. 58 $ 120 , 000 . 00 $ 777 , 169 . 56 $ 839 , 343 . 12 1 points

Q UEST I O N 4 1. Youj us twonal ot t e r y- CONGRATULATI ONS!Yourpar e nt sha veal wa yst ol dyout opl anf ort he f ut ur e ,s os i nc ey oua l r e a dyha veawe l l - payi ngj obyoude c i det oi nve s tr a t he rt ha ns pe ndyour l ot t e r ywi nni ngs .Thepa yme nts c he dul ef r om t hel ot t e r yc ommi s s i oni s$10 0, 000af t e rt ax e sa te nd ofye a roneand19mor epa yme nt sofe x ac t l y$10 0, 00 0af t e rt ax e si ne qualannuale nd-of -t he - year de pos i t s( i . e . ,t hefir s toft hene x t1 9de pos i t si soneye arf r om t oda y)i nt oyourac c ountpa yi ng7% c ompounde da nnua l l y .How muc hmone ywi l lbei nyourac c ounta f t e rt hel as tde pos i ti smade ? $ 2, 00 0, 00 0. 00 $ 4, 09 9, 54 9. 23 $ 3, 63 7, 89 6. 48 $ 4, 48 6, 51 7. 68 1 points

.QUESTION 5 1. Thef ut ur eval uet hr e eye ar sf r om t oda yofa$ 100t hr e e- ye a rannui t yduec ompounde da tar a t e of10% i se qualt o__ ___ ___ . $ 364 . 10 $ 331 . 00 $ 133 . 10 $ 300 . 00 1 points

Q UEST I O N 6 1. Amort i za t i ont abl e sar ec ommona ndc a nbeus e df ora l lbutwhi c hoft hef ol l owi ng? Mor t ga gel oa ns Ca rl oans Cons ume rpr oduc tl oa ns Amor t i z a t i ont a bl e sma ybeus e df oral loft heabove . 1 points

Q UEST I O N 7 1. Themai nvar i abl e soft heTVM e qua t i onar e pr e s e ntval ue , f ut ur eval ue ,t i me ,a nnui t y ,a ndi nt e r e s tr a t e . pr e s e ntval ue , f ut ur eval ue ,t i me ,i nt e r e s tr a t e , a ndpa yme nt . pr e s e ntval ue , f ut ur eval ue ,pe r pe t ui t y ,i nt e r e s tr a t e ,a ndpr i nc i pal . pr e s e ntval ue , f ut ur eval ue ,pe r pe t ui t y ,i nt e r e s tr a t e ,a ndpa yme nt . 1 points

Q UEST I O N 8 1. Anannui t yi sas e r i e sof e qualc as hpa yme nt sa tr e gul ari nt e r val sac r os st i me . var i a bl ec as hpa yme nt sa tdi ffe r e nti nt e r val sac r os st i me . e qualc as hpa yme nt sa tdi ffe r e nti nt e r val sac r os st i me . var i a bl ec as hpa yme nt sa tr e gul ari nt e r val sac r os st i me . 1 points

Q UEST I O N 9 1. Homemor t ga gel oansar ec ommonl ypai doffbymaki nge qua lmont hl ypa yme nt sc ons i s t i ngof bot hi nt e r e s ta ndpr i nc i pal .Thi si sane xa mpl eofanamor t i ze dl oa n. True False 1 points

Q U E S T I O N 10 1. Thef ut ur eval ueofac ombi na t i onofpos i t i veandne ga t i vec as hflowsc annotbede t e r mi ne d. True False 1 points

Click Save and Submit to save and submit. Click Save All Answers to save all answers....