[05] Lessons 4 & 5 Exam - Results
Attempt 1 of 2
Written Jul 17, 2025 2:20 PM - Jul 17, 2025 2:48 PM
Attempt Score - 87.5 %
Overall Grade (Highest Attempt) - 87.5 %
Question 1 2..5 points
What type of loan makes interest payments throughout the life of the loan
and then pays the principal and final interest payment at the maturity date?
a) Amortized loan
b) Interest-only loan
c) Discount loan
d) Compound loan
Question 2 .5 points
A/An is a series of equal end-of-the-period cash flows.
, a) annuity
b) annuity due
c)
perpetuity due
d) perpetuity due
Question 3 2..5 points
The main variables of the TVM equation are:
a) present value, future value, time, interest rate, and payment.
b) present value, future value, perpetuity, interest rate, and payment.
c)
present value, future value, time, annuity, and interest rate.
d) present value, future value, perpetuity, interest rate, and principal.
Question 4 2..5 points
Your firm intends to finance the purchase of a new construction crane. The
cost is $1,500,000. How large is the payment at the end of Year 10 if the
crane is financed at a rate of 8.5% as a discount loan?
, a) $228,611.56
b) $127,500
c) $3,391,475.16
d) There is not enough information to answer this question.
Question 5 .5 points
Dominique's department at work places $10,000 every year-end into an
account earning 5%. The money is used when the corporate office fails to
fully finance your profitable projects. The money has not been touched since a
deposit was made exactly five years ago. If the most recent deposit was made
today, how much money is currently in the account?
a) $55,256.31
b) $60,000
c) $65,256.31
d) $68,019.13
Question 6 2..5 points
If you borrow $100,000 at an annual rate of 8% for a 10-year period and
repay the total amount of principal and interest due of $215,892.50 at the
end of 10 years, what type of loan did you have?
Attempt 1 of 2
Written Jul 17, 2025 2:20 PM - Jul 17, 2025 2:48 PM
Attempt Score - 87.5 %
Overall Grade (Highest Attempt) - 87.5 %
Question 1 2..5 points
What type of loan makes interest payments throughout the life of the loan
and then pays the principal and final interest payment at the maturity date?
a) Amortized loan
b) Interest-only loan
c) Discount loan
d) Compound loan
Question 2 .5 points
A/An is a series of equal end-of-the-period cash flows.
, a) annuity
b) annuity due
c)
perpetuity due
d) perpetuity due
Question 3 2..5 points
The main variables of the TVM equation are:
a) present value, future value, time, interest rate, and payment.
b) present value, future value, perpetuity, interest rate, and payment.
c)
present value, future value, time, annuity, and interest rate.
d) present value, future value, perpetuity, interest rate, and principal.
Question 4 2..5 points
Your firm intends to finance the purchase of a new construction crane. The
cost is $1,500,000. How large is the payment at the end of Year 10 if the
crane is financed at a rate of 8.5% as a discount loan?
, a) $228,611.56
b) $127,500
c) $3,391,475.16
d) There is not enough information to answer this question.
Question 5 .5 points
Dominique's department at work places $10,000 every year-end into an
account earning 5%. The money is used when the corporate office fails to
fully finance your profitable projects. The money has not been touched since a
deposit was made exactly five years ago. If the most recent deposit was made
today, how much money is currently in the account?
a) $55,256.31
b) $60,000
c) $65,256.31
d) $68,019.13
Question 6 2..5 points
If you borrow $100,000 at an annual rate of 8% for a 10-year period and
repay the total amount of principal and interest due of $215,892.50 at the
end of 10 years, what type of loan did you have?
