A. Rule of 48
B. Rule of 36
C. Rule of 24
D. Rule of 72
Related Mcqs:
- What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn ?
A. Present worth factor
B. Interest rate
C. Time value of money
D. Yield - How long will it take money to double itself if invested at 5% compounded annually ?
A. 13.7 years
B. 14.7 years
C. 14.2 years
D. 15.3 years - By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly ?
A. 11.23 years
B. 11.46 years
C. 11.57 years
D. 11.87 years - A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually?
A. 11.50 %
B. 11.75 %
C. 11.95 %
D. 12.32 % - The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?
A. 3.90 %
B. 3.92 %
C. 3.95 %
D. 3.98 % - A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year ?
A. P693.12
B. P700.12
C. P702.15
D. P705.42 - Cash money and credit necessary to establish and operate an enterprise are generally called _____________________?
A. Capital
B. Funds
C. Assets
D. Liabilities - What is the increase in the money value of a capital asset is called?
A. Profit
B. Capital gain
C. Capital expenditure
D. Capital stock - What is the reduction in the money value of capital asset is called ?
A. Capital expenditure
B. Capital loss
C. Loss
D. Deficit - What refers to the cost of borrowing money or the amount earned by a unit principal per unit time ?
A. Yield rate
B. Rate of return
C. Rate of interest
D. Economic return