Introduction to Finance Questions and Answers

Find the time it takes for $9,100 to double when invested at an annual interest rate of 14%, compounded continuously. ______ years Find the time it takes for $910,000 to double when invested at an annual interest rate of 14%, compounded continuously. ______ years

What is one benefit of selecting an income-based repayment plan for your student loans? If you take a job that pays a low income, you will never have to pay any of your student loans Your student loan interest rate will fluctuate based on how much you've earned in the previous year Your monthly loan payment will be based on your income, so that you're not paying more than 20% of income toward your loans The total loan amount will be decreased to meet your starting salary at your first post-college job

How long does it take for an investment to double in value if it is invested at 17% compounded monthly? Or compounded continuously?

If a government increases its budget deficit, then interest rates A. rise and the real exchange rate appreciates. B. fall and the real exchange rate depreciates. C. rise and the real exchange rate depreciates. D. fall and the real exchange rate appreciates.

When a tax is levied on the sellers of a good, A. the supply curve shifts left (up) by less than the tax. B. the supply curve shifts left (up) by more than the tax. C. the supply curve shifts left (up) by an amount equal to the tax. D. the supply curve does not shift when a tax is levied on sellers.

For a self-employed borrower, the underwriter must analyze the borrower's tax returns for the past A) four years if the borrower's income is declining. B) three years. C) none of these; only a Dun & Bradstreet credit report on the business is needed. D) two years, including a current P&L statement completed by an accountant.

Which of the following best describes Napoleon Bonaparte of France? A. revolutionary politician B. talented military leader C. royalist D. peasant

In 1928 the Japanese government signed the Kellogg-Briand Pact, which a. established peace between it and China. b. renounced war as a tool of national policy. c. lowered world tariffs to try to kick-start economic development. d. carved up China into zones of control by Western powers and Japan. e. established an official boundary between China and Japan.