Ünite Sınavı Soruları

A friend of yours asks to borrow some amount of money from you today and promises to pay you TL 5000 3 years later. If you expect to earn an annual interest rate of 10 %, how much money should you lend today?

Suppose your son needs to ₺25,000 to cover his college expenses in 10 years. How much you should put in a bank account today to pay them if the interest rate is 20%?

Which of the following is the correct definition of "Annuities"

___________a series of equal cash flows that occur for a given period at regular intervals.

_ _ _ _ _ _ _ is the stated rate of which banks, credit card companies, mortgage loan officers tell you they charge.

Which of the following complete the sentences above?

If you deposit $16,000 per year for 12 years (each deposit is made at the end of each year) in an account that pays an annual interest rate of 14%, what will your account be worth at the end of 12 years?

I. Simple interest is the interest that one earns only from the principal.

II. The calculation of future values that include the interest on interest is called compounding.

III. Compound interest gets more and more significant over time comparing to simple interest.

Which statement given above is/are correct?

What will be the future value of $2800 today at the end of 10 years if the interest rate is 18%?

How many years will it take for $136,000 to grow to be $468,000 if it is invested in an account with an interest rate of 8%?

How many years will it take for $10,000 to grow to $15,000 if it is invested in an account with an yearly interest rate of 8%?

Lease is a contract whereby one party, the lessor, grants the right to use a particular good for a period of time to the other party, the lessee, which will pay a fixed amount regularly for a certain period of time. When a lease payment is made, it typically covers the month-long period following the payment date. Therefore, lease payments are ________.

Levent is going to borrow 4000 Turkish Liras from the bank to purchase a mobile phone. The bank offers him to use a pure discount loan under 8% interest rate with 1 year maturity. So how much he is going to pay total at maturity?

The calculation of Future Values that include the interest on interest is called _____. 

Which of the following best completes the statement above?

Which of the following is the reason why the valuation of perpetuities are highly dependent upon the interest rate?

You are supposed to receive $10,000 ten years from now. At an interest rate of 12%, what is that $10,000 worth today?

Imagine that you are the owner of a TV store. A customer buys a TV with a price of 2.000, however, she would like to pay in installments.

How much should the installment payments be for 10 monthly installments at  the monthly interest rate 1%?

Computing the future value of some amount of money invested today is called ....., while computing the present value of some amount of money that will be received in the future is called.......

_ _ _ _ _ _ _ is the interest that one earns only from the initial capital.

Which of the following complete the sentences above?

___________ is the amount of money an investment will grow to over a period of time, at a given interest rate.

Cengiz left 500 TL in a bank account for  2 years which is compounded quarterly under an annual interest rate of 12%.

What would be the future value of the saving at the end of the deposit term?