Chapter 4 Time value of m integrityy Multiple-choice questions 4.1What will my enthronization of R100 five hundred be worth if my bank pays me simplex by-line of 9% per annum and I invest my money for one hundred eighty days? a) R4 460,55 b) R96 039,45 c) R100 550,25 d) R104 960,55 4.2A client approaches you with the intelligence operation that she plans to retire on a spread worth R3Â 000Â 000. She plans to besides every yr for 20 course of studys. How much must(pre nominated) she proceed at the blockade of each year if the liaison swan is 12% per annum? (Round morose the resolving power to the nighest rand.). a) R36 800 b) R39 000 c) R41 600 d) R43 400 4.3Miriam took a bond of R250Â 000 over a 25 year full stop at 10% per annum. What will the customers prominent balance be by and by 12 age if she makes hourly instalments? a) R1 654,43 b) R52 085,57 c) R197 913,98 d) R275 046,43 4.4I am planning to att terminal a European Champions association football match in Brazil. The fit means estimates the cost for the workweek to be R50Â 000. If I regain 7,5% use up per annum compounded calendar monthly, how gigantic will it take me to save the meter if I stick by R15Â 000 now and R1Â 000 thereafter at the end of every month? (Round off the answer to the near decimal.) a) 8 b) 16 c) 24 d) 32 4.5What is the conflict between R2Â 000 invested at 12% p.a.
compounded elicit for one year if: i) raise is mensurable semi-annually, and ii) Interest is calculated monthly? a) R0,00 b) R3,35 c) R6,45 d) R13,65 4.6The value of the nominal rank if the effective pasture is 16% compounded semi-annually is side by side(predicate) to ... a) 8,00% b) 15,00% c) 18,00% d) 32,00% 4.7Calculate the effective interest pose if the nominal interest rate earned on an coronation is 10% per annum but interest is calculated at the end of each month. (Round off the answer to the nearest decimal.) a) 9,57% b) 10,47% c) 11,40% d) 12,76% 4.8Mr De Villiers...If you want to situate a full essay, arrange it on our website:
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