Finance homework
Practice Question 30 
Under which of the following discounting methods will the present value of an investment be the highest, assuming the same annual interest rate?
Quarterly. 
Monthly. 
Continuous. 
Yearly.  
Practice Question 34  
Which of the following is a similar concept to the compound growth rate of money?
The yield on a bond. 
The discount rate on a capital budgeting project. 
All of these. 
The internal rate of return on an investment.  
Practice Question 29  
The future value of an annuity is typically used when analyzing
loan amortization schedules. 
retirement plans. 
the price of common stock. 
alternative capital budgeting proposals.  
What is the value of this 20 year lease? The first payment, due one year from today is $2,000 and each annual payment will increase by 4%. The discount rate used to evaluate similar leases is 9%. (Round to the nearest dollar.)
$ 24,361 
$ 68,000 
$ 39,856 
$ 40,000  
Multiple Choice Question 87  
Time to attain goal:Elegant Designers have generated sales of $625,000 for the current year. If they can grow their sales at a rate of 12 percent every year, how long will they take to triple their sales? (Round off to the nearest year.)
8 years 
9 years 
7 years 
10 years  
Practice Question 6  
You plan to buy a new car. The price is $30,000 and you will make a down payment of $4,000. Your annual interest rate is 10% and you intend to pay for the car over five years. What will be your monthly payment?
$552.42 
$637.41 
$566.67 
$433.33 

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Solution: Finance homework