Bài giảng về Tiếng Anh - Luyện thi IELTS

FINANCIAL MANAGEMENT
TUTORIAL 3 – TIME VALUE OF MONEY
1. If you deposit $1,000 in a bank that pays interest rate of 8% annual y, how much wil be in your
account after 6 years? How much wil the future value be after 6 years if the interest rate is compounded quarterly?
2. Suppose that bank A pays you 10% interest rate for $2,000 deposit and bank B pays you the
same 10% but compounded semi-annually. Which bank would you deposit your $2,000 for 5
years? Explain your choice using future value numbers.
3. What is the future value of $1000, continuously compounded at an interest rate of 4.5% for 7 years?
4. How many years wil it take for $12,000 to grow to be $23,605.82 if it is invested in an account paying interest rate of 7%?
5. How many months wil it take for $10,000 to grow to be $20,969.06 if it is invested in an account paying interest rate of 8%.
6. What annual interest rate must $5,000 be invested so that it wil grow to be $7,693.12 in 5 years?
7. If you wish to accumulate $20,000 in 10 year, how much would you deposit today in an account
that pays an annual interest rate of 7%
8. What is the present value of $10,000 to be received in 5 years if the interest rate is 6%? If the
interest rate is 5% compounded monthly?
9. What is the effective annual rate for the investment with the annual interest rate of 10%, pay semi-annually?
10. You invest $1,000 for 5 years. The investment pays an annual interest rate of 12%, compounded
monthly. What is the effective annual rate for the investment? Page 1 of 1