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Effective Nominal

1. 2. 3. 4. 5. 6. 7. 8. 4% per quarter = ____% per annum compounded quarterly. 11% per annum comp. half yearly = _____% per annum 2.5% per month = _____% per half year 10% per year compounded monthly = _____% p.a. compounded quarterly 18% per year = ______% p.m. 12% per annum compounded monthly = _____% per half year compounded monthly 13% p.a. compounded quarterly = _______% per quarter 1.25% p.m = _____% p.a.

9. 3.5% per quarter= _____% per annum compounded quarterly 10. 25% per annum= ______ % per annum compounded daily

Annuities 1. A 15 year monthly ordinary annuity has a future value of Rs. 18,00,000/-. If ROI is 10 % per annum compounded quarterly, then how much will be the amount of each payment ? 2. What amount need to be invested today at 10.5 % per annum compounded monthly, so that it pays Rs. 2 lac per annum for 20 years. First payment starts at the end of 9th year. ? 3. What amount needs to be invested per annum at the end of every year for 8 years at 10 % per annum compounded quarterly, so that it pays Rs.50000/- per annum in perpetuity. First payment starts at BEGIN of 11th year. ? 4. Mr.A started saving annually from today with Rs. 25,000/- he decides to increase his annual deposit amount by 3% every year. If his savings earn 9% interest per annum compounded monthly, how much accumulated money will he have at the end of 25 years? 5. How much needed to invest per annum for 10 years at the end of every year to receive Rs. 2,00,000/- per annum for 20 years, the first payment require at the end of 20 years. Interest rate is 11% per annum compounded half yearly.

6. Mr. A started investing per annum in an investment giving 9% per annum compounded annually in the beginning of every year. He started with Rs.20000/- he intend to increase his subscription by Rs. 5000/- every year. If he continue to deposit the amount for 16 years. Find the value of his investment at the end of 16 years. 7. What amount need to be invested per Quarter starting from today at 11 % per annum compounded monthly for next 5 years, so that it pays Rs. 25000 per month for 20 years. First payment starts at the begining of 11th year. ? 8. How much needed to invest per annum for 15 years at the end of every year to receive th Rs. 35000/- per quarter for 20 years, the first payment require at the begin of 20 years. Interest rate is 10% per annum compounded quarterly. 9. What amount needs to be invested per month at the end of every month for 15 years at 12 % per annum compounded quarterly, so that it pays Rs.50000/- per annum in perpetuity. First payment starts at BEGIN of 16th year. ? 10. Mr.A started saving annually at the end of every year with Rs. 50,000/- he decides to increase his annual deposit amount by 5% every year. If his savings earn 8.75% interest per annum compounded monthly, how much accumulated money will he have at the end of 20 years?

compounded monthly = _____% per half year.a. 10% per annum comp. 15% p. compounded quarterly (6. compounded quarterly = _______% per month (1. (7.m = _____% p.17%) 6. (12. 3% per month = _____% per quarter (9. 1% p.a.Effective Nominal 1.7037%) 5. (1. (19.2073%) 7.67%) 2.68%) .89%) 3. 14% p.23%) 8.a. 5% per quarter = ____% per annum compounded monthly.a.2727%) 4.m. half yearly = _____% per half year compounded monthly (4. 15% per year = ______% p. 20% per 3 year compounded monthly = _____% p.