
Financial Management_Pop Quiz 1
Quiz by Sherwin Salas
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4 questions
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- Q1
What is the product of principal amount, multiplied by the rate per annum and time in years?
Time elapsed
Interest
Interest Rate
Future Value
30s - Q2
What is the sum of the principal amount and interest?
Interest income
Interest expense
Face value
Future value
30s - Q3
According to the Banker's Rule, interest is computed using how many days in a year?
360
365.25
365
366
30s - Q4
What is the amount derived using, PV (1 + j/m)mt?
Future value (simple interest)
Present value (simple interest)
Present value (compound interest)
Future value (compound interest)
30s