CM 2113 Test Chao Wang EXAM ACTUAL EXAM ALL 200 QUESTIONS and CORRECT ANSWERS LATEST UPDATE THIS YEAR

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CM 2113 Test Chao Wang EXAM ACTUAL EXAM
ALL 200 QUESTIONS and CORRECT ANSWERS
LATEST UPDATE THIS YEAR


The Time Value of money is based on the premise that money can generate _______ over a

period of time.

Select one:

a. Equipment

b. Interest

c. Capital

d. Budgets


b. Interest


Comparing a future cost of one alternative with the present worth cost of a second

alternative is valid and meaningful.

Select one:

True

False


False




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Payments that differ in amount may be equal if made at different points in time is known as

____________.

Select one:

a. Monetary values

b. Time value

c. Equivalence

d. Equality


c. Equivalence


The reason why the value of money increases with time is because of the interest rate.

Select one:

True

False


True


Look up the following factor value in the given reference table.

(P/F, 5%, 6)

Select one:

a. 0.147

b. 0.746

c. 1.340

d. 0.784




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b. 0.746


Look up the following factor value in the given reference table.

(P/A, 10%, 15)

Select one:

a. 0.031

b. 4.177

c. 7.606

d. 0.131


c. 7.606


Look up the following factor value in the given reference table.

(A/F, 2%, 8)



Select one:

a. 0.117

b. 0.137

c. 0.853

d. 1.172


a. 0.117


Look up the following factor value in the given reference table.

(A/P, 4%, 2)



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