If you have Rs. 850 and you plan to save it for 4 years with an interest rate of 10%, what will be the future value of your savings?

Related Mcqs:

1. If you plan to save Rs. 5,000 with a bank at an interest rate of 8%, what will be the worth of your amount after 4 years if interest is compounded annually?

   A. Rs. 5,400
   B. Rs. 5,900
   C. Rs. 6,600
   D. Rs. 6,802

2. Future value of interest if it is calculated two times a year can be a classified as__________________?

   A. Semiannual discounting
   B. Annual discounting
   C. Annual compounding
   D. Semiannual compounding

3. In estimating value of cash flows, compounded future value is classified as its__________?

   A. Terminal value
   B. Existed value
   C. Quit value
   D. Relative value

4. If book value is greater than market value comparison with investors for future stock are considered as_______________?

   A. Pessimistic
   B. Optimistic
   C. Experienced
   D. Inexperienced

5. If market value is greater than book value, then investors for future stock are considered as___________________?

   A. Experienced
   B. Inexperienced
   C. Pessimistic
   D. Optimistic

6. Process of calculating future value of money from present value is classified as____________?

   A. Compounding
   B. Discounting
   C. Money value
   D. Stock value

7. In estimating value of cash flows, the compounded future value is classified as its _________?

   A. terminal value
   B. existed value
   C. quit value
   D. relative value

8. How many years will it take to pay off a Rs. 11,000 loan with a Rs. 1,241.08 annual payment and a 5% interest rate?

   A. 6 years
   B. 12 years
   C. 24 years
   D. 48 years

9. Risk of fall in income due to fall in interest rates in future is classified as__________?

   A. Income risk
   B. Investment risk
   C. Reinvestment risk
   D. Mature risk

10. Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as_____________?

    A. Debit unions
    B. Life insurance companies
    C. Credit unions
    D. Auto purchases