Ünite Sınavı Soruları

Ali is going to borrow 4000 TL from the bank to purchase a holiday. The bank offers him to use a pure discount loan under 6% interest rate with 1 year maturity. 

Which of the following is the amount he is going to pay at maturity?

Which of the following statements about time value of money is correct?

What is the effective annual rate of a loan quoted as 1 % per month?

You need to keep some of your money in a bank account for your sister's wedding next year. You want to give them 20.000. With the interest rate of 10% how much do you need to spare now in your bank account?

If a bank offers 12% interest and quarterly compounding, what would be the effective annual rate?

Which of the following is the correct formula to calculate "Present Value"?

$50,000 has been deposited in the bank for 3 years. If an interest rate of 12% and monthly maturity for first year, 14% and quarterly maturity for second year, 16% and semi-annual maturity for last year, how much money will be accumulated in the bank after 3 years?

Suppose you are offered to be paid ₺500 at the end of each month for the next 5 years. What would be the present value of this regular payments if the interest rate is 18%?

Suppose that you have $325 cash in your hand. If you put it into your bank account for one year period with %15 interest, what will be the FV of this deposit?

You sold a house and put the money you got from the sale 200.000 Turkish Liras in a bank account for 15 years. You withdraw your money after 15 years and the bank account currently pays 6% interest per year. Assuming that the interest rate remains unchanged, how much will you get after 15 years?

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

Which of the following statements is TRUE about the amortization process of loans?

If you wanted to determine the FV of 1.000 TL invested at 8% for 5 years, which of the following is the correct value?

What is the future value of TL 100,000 invested in a bank deposit account which offers 12 % annual interest for 5 years?

How much money would you have to put into an investment expected to return 10% per year for the next 5 years if you want to have 10.000 TL at the end?

Suppose you can save ₺1,500 each month for the next 10 years in a retirement found. What would be the ending amount when you retire if the interest rate is 12%?

If you need 1000 TL at the end of the year, How much should you put into bank account paying 10% for a year?

If you deposit $20,000 per year for 8 years which are made at the beginning of each year in an account that pays an annual interest rate of 10%, what will your account be worth at the end of 8 years?

What is the value of a house which is expected to generate a monthly rent income of USD 2000 forever if the annual interest rate is 6 % ? (Hint: Use the present value formula for perpetuities)