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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the formula for calculating Future Value?
💡 Hint: Remember that PV stands for Present Value!
Question 2
Easy
If you have a sum of ₹5,000 now, what is its Future Value in 1 year at 5% interest?
💡 Hint: Use the FV formula and substitute the given values!
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the future value of ₹10,000 at 5% interest after 3 years?
- ₹11,576
- ₹12,000
- ₹11,750
💡 Hint: Use the FV formula.
Question 2
True or False: Present Value increases with a higher interest rate.
- True
- False
💡 Hint: Consider how interest affects the value over time.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
You have the option to receive ₹100,000 today or ₹130,000 in 5 years. If the interest rate is 8%, which option should you choose?
💡 Hint: Use the PV formula to find the current worth of the future amount.
Question 2
If an investment of ₹50,000 will yield ₹70,000 in 3 years, what is the annual interest rate?
💡 Hint: Set up the FV equation and solve for 'r'.
Challenge and get performance evaluation