A. $1,100
B. $3,400
C. $2,200
D. $3,500
You need Rs. 10,000 to buy a new television. If you have Rs. 6,000 to invest at 5 percent compounded annually, how long will you have to wait to buy the television?
A. 8.42 years
B. 10.51 years
C. 15.75 years
D. 18.78 years
Using financial calculator, Put PV =6000, Rate = 5%, FV, 10,000 and solve for Nper. 10.47 Close to the 10.51.
A. costs
B. cash flows
C. internal rate of return
D. external rate of return
A. Cash flow of financing activities
B. Cash flow per
C. Cash flow of investment
D. Cash flow of operations
A. Exchange traded fund
B. Management expense
C. Money trade fund
D. Capital trade fund
Profitability index (PI) rule is to take an investment, if the index exceeds___________?
A. -1
B. 0
C. 1
D. 2
A. New expansion project
B. Old expanded project
C. Firm borrowing project
D. Product line selection