logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Compound Interest See What Others Are Saying!
  • Question
  • Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, from today. They are to be replaced by a $1500 payment due four years from today, and another payment due two years from today. The replacement stream must be economically equivalent to the scheduled stream. What is the unknown payment, if money can earn 7% compounded semiannually?


  • Options
  • A. 1548
  • B. 1348
  • C. 1648
  • D. 1748

  • Correct Answer
  • 1648 

    Explanation

    FV1 = Future value of $2000, 1 year later
    = PV (1+  i)^n


  • More questions

    • 1. 
      Aarti can do a piece of work in 6 days. In how many days will she complete three time of work of same type?

    • Options
    • A. 18 days
    • B. 21 days
    • C. 3 days
    • D. 6 days
    • Discuss
    • 2. 
      750.0003 ÷ 19.999 =?

    • Options
    • A. 49
    • B. 18
    • C. 22
    • D. 38
    • Discuss
    • 3. 
      105, 85, 60, 30, 0, - 45, - 90?

    • Options
    • A. 0
    • B. 85
    • C. -45
    • D. 60
    • Discuss
    • 4. 
      Let A = {1, 2, {3, 4}, 5}. Which of the following statements is true?

    • Options
    • A. {3, 4} ? A
    • B. {3, 4} ? A
    • C. 1 ? A
    • D. {1, 2, 5} ? A
    • Discuss
    • 5. 
      Two vessels A and B contains milk and water mixed in the ratio 5 : 3 and 2 : 3. When these mixtures are mixed to form a new mixture containing half milk and half water, they must be taken in the ratio ?

    • Options
    • A. 2 : 5
    • B. 3 : 5
    • C. 4 : 5
    • D. 7 : 3
    • Discuss
    • 6. 
      1, 2, 4, 8, 16, 32, 64, (...), 256?

    • Options
    • A. 148
    • B. 128
    • C. 154
    • D. 164
    • Discuss
    • 7. 
      A tree is 12 m tall and casts an an 8 m long shadow. At the same time, a flag pole caste a 100 m long shadow. How long is the flag pole?

    • Options
    • A. 150 m
    • B. 200 m
    • C. 125 m
    • D. 115 m
    • Discuss
    • 8. 
      8% of 96 =? of 1/25

    • Options
    • A. 19.2
    • B. 7.68
    • C. 1.92
    • D. None of these
    • Discuss
    • 9. A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

    • Options
    • A. Rs. 35
    • B. Rs. 245
    • C. Rs. 350
    • D. Cannot be determined
    • E. None of these
    • Discuss
    • 10. 
      If the hands of a clock coincide in every 65 minutes (true time), in 24 hours the clock will gain:

    • Options
    • A. 10 10 minutes. 143
    • B. 9 12 minutes. 143
    • C. 11 12 minutes. 143
    • D. 12 10 minutes. 143
    • Discuss


    Comments

    There are no comments.

Enter a new Comment