1. Vehicle loan is RM85,000, repayment for 7 years, interest rate 4% per annum. The...
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Accounting
1. Vehicle loan is RM85,000, repayment for 7 years, interest rate 4% per annum. The monthly payment is
a. 1540
b. 1295
c. 1358
d. 1278
e. 1246
2. Present Value is RM1000, interest rate is 4% per year, after 5 years, Future Value is
a. RM1,280
b. RM1,217
c. RM1,248
d. RM1,782
e. RM1,520
3. Deposit every month is RM 500, interest rate is 4% per year, FV Annuity in year 5 is
a. RM34,180
b. RM35,220
c. RM33,149
d. RM36,458
e. RM33,885
4. Deposit every month is RM 500 for 8 years, interest rate is 4% per year, PV Annuity is
a. RM41,148
b. RM41,280
c. RM43,779
d. RM41,020
e. RM42,550
5. Current house price is $300,000, interest rate is 4% per year, loan tenure is 20 years. Monthly instalment is
a. RM1,822
b. RM1,898
c. RM1,866
d. RM1,880
e. RM1,818
6. You can afford a monthly payment of RM1,000 per month. If the interest rate is 4% per year, the loan period is 20 years, the price of the house you can afford is around
a. RM165,000
b. RM150,000
c. RM148,000
d. RM170,000
e. RM178,000
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