CM 2113 WANG TEST EXAMINATION ACTUAL
VERIFIED EXAM COMPLETE QUESTIONS AND
VERIFIED SOLUTIONS LATEST UPDATE||NEWEST
EXAM!!!
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 - Answer-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
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c. 0.853
d. 1.172 - Answer-a. 0.117
Look up the following factor value in the given reference
table.
(A/P, 4%, 2)
Select one:
a. 0.490
b. 0.925
c. 0.530
d. 2.040 - Answer-c. 0.530
Look up the following factor value in the given reference
table.
(F/P, 3%, 4)
Select one:
a. 4.184
b. 1.126
c. 0.239
d. 0.269 - Answer-b. 1.126
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Look up the following factor value in the given reference
table.
(F/A, 9%, 11)
Select one:
a. 0.388
b. 17.560
c. 0.057
d. 6.805 - Answer-b. 17.560
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 - Answer-c. Equivalence
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
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c. Capital
d. Budgets - Answer-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 - Answer-False
The reason why the value of money increases with time is
because of the interest rate.
Select one:
True
False - Answer-True
Look up the following factor value in the given reference
table.
(P/F, 5%, 6)
Select one:
a. 0.147
b. 0.746