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24.2. Components Influencing TVM
This section
Practice test
10 questions on this section. Wrong answers show you what to read again.
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Revision test
Mixed questions from across the chapter. Your answers get marked.
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Flashcard drill
2 cards from this lesson. Good the night before a test.
Try these first
- 1.
What is the principal in a loan of ₹5,000?
Hint
It's the original amount borrowed.
- 2.
How does a higher interest rate affect investments?
Hint
Think about how much more you would earn.
- 3.
What is the principal amount in a loan of ₹10,000?
Hint
It's the starting amount before any interest.
- 4.
True or False: The interest rate affects how much money you earn from your investment.
- True
- False
Hint
Think about how rates work!
- 5.
You invest ₹15,000 at a 4% annual interest rate compounded monthly for 10 years. Calculate the future value of your investment.
Hint
Use the compound interest formula.
- 6.
Calculate the present value of ₹25,000 to be received in 5 years if the interest rate is 5% compounded annually.
Hint
Remember the formula for present value given future value.
Exercises
Total Questions
2
Estimated Time
4 min
Passing Score
70%
Instructions
- Read each question carefully
- You can use hints if you need help
- Complete all questions before submitting
3 more questions available
Enrol freeQuiz
Total Questions
2
Estimated Time
4 min
Passing Score
70%
Instructions
- Read each question carefully
- You can use hints if you need help
- Complete all questions before submitting
1 more question available
Enrol freeChallenge Problems
Total Questions
2
Estimated Time
4 min
Passing Score
70%
Instructions
- Read each question carefully
- You can use hints if you need help
- Complete all questions before submitting