Chapter 5 and 6 Quiz - Question1(1point ,assuming Question1options Yearly Monthly Continuous Quarterly Save Question2(1point Futurevalue:

Chapter 5 and 6 Quiz - Question1(1point ,assuming...

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Question 1 (1 point)Under which of the following discounting methods will the present value of an investment be the highest, assuming the same annual interest rate?   Question 1 options:YearlyMonthlyContinuousQuarterly Save  Question 2 (1 point)Future value: Larry James is planning to invest $25,300 today in a mutual fund that will provide a return of 0.08 each year.  What will be the value of the investment in 10 years?   Your Answer: (25300 (1+.08)^10) Question 2 options: Answer Save  Question 3 (1 point)The future value of an annuity is typically used when  analyzing   Save  Question 4 (1 point)  
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You plan to buy a new car. The price is $30,000 and you will make a down payment of $4,000. Your annual interestrate is 10% and you intend to pay for the car over five years. What will be your monthly payment?
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  • Fall '08
  • HURLEY
  • Management, Month, Larry James, Stanley Roper

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