Convert the rate and choose the correct answer.

TNA 6% TEA
A. B. C. D.
Composiciones Semiannual 6.0900% 6.1364% 6.1831% 6.1678%
Composiciones Quaterly 6.1678% 6.1831% 6.1364% 6.0900%
Composiciones Monthly 6.1831% 6.1678% 6.0900% 6.1364%
Composiciones Daily 6.1364% 6.0900% 6.1678% 6.1831%

1.9068%
 TNA = TEA 5%

nswer. FV 2000

SIN REINVERSIÓNDE
SENSIBILIDAD DEGANANCIA
INTERESES CON REINVERSIÓN
CON REINVERSIÓN
DE INTERESESDE INTERES
PV 1818.1818182 PV
4.5
4
3.5 2.0%
6.0900% 3 3.0%
6.1364% 4.0%
2.5
6.1678% 5.0%
2
6.1831%
1.5
1
0.5
0
2.0% 3.0% 4.0% 5.0%
 PREG1:
ON REINVERSIÓN
ÓN DE INTERESESDE INTERES A) Mostrar un análisis de sensibilidad en las diferencias de estrategia sobre el PV (sin
1814.0589569 reinversión y con reinversión de intereses) asumiendos un FV de 2000 soles y tasas entre
1% y el 25%.
B) ¿El creciemiento es de tipo lineal?¿logaritmico?¿exponencial?
-4.1228612657
0.739360601
1.6006345627
2.7394258163
4.1228612657

5.0%
a sobre el PV (sin
00 soles y tasas entre
What is the effective annual rate for a credit
card that charges 18% compounded monthly?

A. 17.56%
B. 19.56%
C.18.56%
a credit
monthly?
An interest rate is best interpreted as:
A. a discount rate or a measure of risk.
B. a measure of risk or a required rate of return.
C. a required rate of return or the opportunity cost of
consumption.
 turn.
nity cost of
An interest rate from which the inflation premium ha
been subtracted is known as:
A. a real interest rate.
B. a risk-free interest rate.
C. a real risk-free interest rate.
n premium has
Given daily compounding, the growth of $5,000
invested for one year at 12% interest will be closest to
A. $5,600.
B. $5,628.
C. $5,637.

PV 5000
TNAcD 12%
TED 0.033%

FV 5637.37153
f $5,000
ll be closest to:
What is the future value of an ordinary annuity that pays
$200 per year at the end of each of the next three years,
given the investment is expected to earn a 10% rate of
return?, and the present value?
 r 10%

T P PC FV

uity that pays 1

2
200
200
2
1
242
220
t three years, 3 200 0 200
662
10% rate of
A bond will make coupon interest payments of 70 euros (7
of its face value) at the end of each year and will also pay
face value of 1,000 euros at maturity in six years. If the
appropriate discount rate is 8%, what is the present value
the bond’s promised cash flows?
 s of 70 euros (7%
d will also pay its
years. If the
e present value of
What is the future value of an annuity that pays $200 per
year at the beginning of each of the next three years,
commencing today, if the cash flows can be invested at an
annual rate of 10%?, and the present value?
 pays $200 per
ree years,
e invested at an
?
The amount an investor will have in 15 years if $1,000 is
invested today at an annual interest rate of 9% will be
closest to:
A. $1,350.
B. $3,518.
C. $3,642.
rs if $1,000 is
9% will be
How much must be invested today, at 8% interest, to
accumulate enough to retire a $10,000 debt due seven
years from today?
A. $5,835.
B. $6,123.
C. $8,794.
nterest, to
t due seven
An investor has just won the lottery and will receive $50,0
per year at the end of each of the next 20 years. At a 10%
interest rate, the present value of the winnings is closest t
A. $425,678.
B. $637,241.
C. $2,863,750.
 l receive $50,000
ears. At a 10%
ings is closest to:
An investor is to receive a 15-year, $8,000 annuity, with th
first payment to be received today. At an 11% discount rat
this annuity’s worth today is closest to:
A. $55,855.
B. $57,527.
C. $63,855.
annuity, with the
1% discount rate,
If $1,000 is invested today and $1,000 is invested at the
beginning of each of the next three years at 12% interest
(compounded annually), the amount an investor will have
the end of the fourth year will be closest to:
A. $4,779.
B. $5,353.
C. $6,792.
vested at the
t 12% interest
estor will have at
:
Terry Corporation preferred stocks are expected to pay a $
annual dividend forever. If the required rate of return on
equivalent investments is 11%, a share of Terry preferred
should be worth:
A. $81.82.
B. $99.00.
C. $122.22.
ected to pay a $9
e of return on
erry preferred
At an expected rate of return of 7%, how much must be
deposited at the end of each year for the next 15 years to
accumulate $3,000?
uch must be
ext 15 years to
Suppose you are considering applying for a $2,000 loan th
will be repaid with equal end-of-year payments over the
next 13 years. If the annual interest rate for the loan is 6%
how much will your payments be?
 $2,000 loan that
ents over the
r the loan is 6%,
How many $100 end-of-year payments are required to
accumulate $920 if the discount rate is 9%?
 required to
?
Suppose you have a $1,000 ordinary annuity earning an 8%
return. How many annual end-of-year $150 withdrawals c
be made?
 y earning an 8%
0 withdrawals can
Suppose you must make five annual $1,000 payments, the
first one starting at the beginning of Year 4 (end of Year 3)
To accumulate the money to make these payments, you
want to make three equal payments into an investment
account, the first to be made one year from today.
Assuming a 10% rate of return, what is the amount of thes
three payments?
 payments, the
(end of Year 3).
ayments, you
n investment
m today.
amount of these