Simple And Compound Interest Including Annuity - Applications

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Simple And Compound Interest Including Annuity - Applications

  
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1.  If A = Rs. 10000, n= 18yrs., R= 4% p.a C.I, P will be
A.
B.
C.
D.
2.  The present value of annuity of Rs. 5000 per annum for 12 years at 4% p.a C.I. annually is 
A.
B.
C.
D.
3.  The time by which a sum of money would treble it self at 8% p. a C. I is
A.
B.
C.
D.
4.  If P = Rs. 4500, A = Rs. 7200, than Simple interest i.e. I will be 
A.
B.
C.
D.
5.  A sum of money doubles itself in 10 years. The number of years it would triple itself is
A.
B.
C.
D.
6.  The annual birth and death rates per 1000 are 39.4 and 19.4 respectively. The number of years in which the population will be doubled assuming there is no immigration or emigration is
A.
B.
C.
D.
7.  A = Rs. 100 n = 10 /= 5% find the FV of annuity. Using the formula FV = a / {1 + i)n-l}, M is equal to 
A.
B.
C.
D.
8.  A machine is depreciated at the rate of 20% on reducing balance. The original cost of the machine was Rs. 100000 and its ultimate scrap value was Rs. 30000. The effective life of the machine is
A.
B.
C.
D.
9.  If P = 5000, T = 1,I = Rs. 300, R will be
A.
B.
C.
D.
10.  Rs. 100 will become after 20 years at 5% p.a compound interest amount
A.
B.
C.
D.
11. 
A = Rs. 1200 n = 12 yrs i = 0.08 v = ?Using the formula  value of v will be
A.
B.
C.
D.
12.  The present value of an annuity of Rs. 80 a years for 20 years at 5% p.a is
A.
B.
C.
D.
13.  The amount of an annuity certain of Rs. 150 for 12 years at 3.5% p.a C.I is 
A.
B.
C.
D.
14.  The effective rate of interest corresponding to a nominal rate 3% p.a payable half yearly is 
A.
B.
C.
D.
15. 
P = Rs. 10000, I = Rs. 2500, R = 12 % SI. The number of years T will be Options: A.1 years B.2 years C.3 years D.None of these
A.
B.
C.
D.
16.  The present value of an annuity of Rs. 3000 for 15 years at 4.5% p.a CI is
A.
B.
C.
D.
17.  Given annuity of Rs. 100 amounts to Rs. 3137.12 at 4.5% p.a C. I. The number of years will be
A.
B.
C.
D.
18.  If the amount of an annuity after 25 years at 5% p.a C.I is Rs. 50000 the annuity will be
A.
B.
C.
D.
19.  If P = Rs. 1000, R = 5% p.a, n = 4; What is Amount and C.I. is 
A.
B.
C.
D.
20.  A loan of Rs. 10.000 is to be paid back in 30 equal instalments. The amount of eat installment to cover the principal and at 4% p.a CI is
A.
B.
C.
D.
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