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FIN3704 NASSESSMENT 4 SEM 2 OF 2024 EXPECTED QUESTIONS AND A NSWERS
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THIS DOCUMENT CONTAINS FIN3704 NASSESSMENT 4 SEM 2 OF 2024 EXPECTED QUESTIONS AND ANSWERS. USE IT CORRECTLY AS A GUIDE AND SCORE ABOVE 80%.
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Started on Friday, 20 September 2024, 9:32 AMState Finished
Completed on Friday, 20 September 2024, 10:55 AM
Time taken 1 hour 22 mins
Marks 21.00/22.00
Grade 95.45 out of 100.00
Question 1
Using the information below to answer the question, Choose the best option from the given answers to answer each question.
Correct
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question
Which one of the following formulas is correct when calculating the annuity payment in B6 using an Excel worksheet?
a.
=PMT(B3;B4;-B2;B3;0)
OSCAR THE TUTOR
b. =PMT(B2;B4;-B2;B3;0)
+27737560989
c.
for FAC MAC ECS DSC TAX QMI FIN
=PMT(B5;B4;-B2;B3;0) INV BNU STA tutorials
d. =PMT(B6;B4;-B2;B3;0)
Your answer is correct.
The correct answer is:
=PMT(B5;B4;-B2;B3;0)
Question 2
Using the information below to answer the question, Choose the best option from the given answers to answer each question.
Correct
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question
Which one of the following formulas is correct when calculating the present value of ordinary annuity in B5 using an Excel worksheet?
a.
=PV(B2;B3;-B2;0)
b. =PV(B3;B3;-B2;0)
c.
=PV(B4;B3;-B2;0)
d. =PV(B5;B3;-B2;0)
, Your answer is correct.
The correct answer is:
=PV(B4;B3;-B2;0)
Question 3
Using the data presented below to answer the question, Choose the best option from the given answers to answer each question.
Correct
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question
Using an Excel worksheet, which of the following formulas is correct when calculating Mamaro's and Manala's 2022 operating break-even
Points (Units) in B26?
Select one:
a) =B6/(B20-B6/B21)
OSCAR THE TUTOR
a) =B7/(B20-B6/B21)
+27737560989
for FAC MAC ECS DSC TAX QMI FIN INV BNU S
a) =B8/(B20-B6/B21) tutorials
a) =B9/(B20-B6/B21)
Your answer is correct.
The correct answer is:
a) =B7/(B20-B6/B21)
Question 4
A person would like to invest R6000 at a compounded annual interest rate of 12%. Determine what the value of the investment will be after
Correct two years using an Excel worksheet.
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question a. R7526,39
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