Objective questions based on present and future value


Question1: Calculate the future value [approx.], where present value=1000, r=6% and n=1?

[A] 1060.00

[B] 1600.00

[C] 943.40

[D] 900.00

Question2: Calculate the future value [approx.], where present value=1000, r=6% and n=10?

[A] 1600.00

[B] 400.00

[C] 1790.85

[D] 1645.32

Question3: Calculate the present value [approx.], where future value = 1000, r=6% and n=1?

[A] 943.40

[B] 900.00

[C] 1060.00

[D] 1600.00

Question4:  Calculate the present value [approx.], where future value = 1000, r=6% and n=5?

[A] 545.38

[B] 700.00

[C] 1300.00

[D] 747.26

Question5:  What is the present value [approx], where future value = 1000, r=6% and n=10?

[A] 400.00

[B] 428.32

[C] 558.39

[D] 1600.00

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Finance Basics: Objective questions based on present and future value
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