Which one pays more (for the same amount and same interest rate), a saving account with a simple interest rate or with compounded interest rate?
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- Illustrate with examples , that Interest rate is equivalent to the savings rate from the deposits?How would an increase in the interest rate or a decrease in the number of periods until the payment is received affect the present value (PV) of a sum of money? Please explain properly. Thank you!Which factor determines how much will be saved at different interest rates?
- How would an increase in the interest rate effect the present value of an annuity problem (all other variables remain the same)What is the formula used in annuity due if your looking for the compounded interest rate with given are terms, payment and future value? and what is the formula used to get the terms?If a person charges interest on a loan transaction equivalent to the inflation rate than will it be still called Riba? How would then the issue of time value of money be resolved?
- simple payback period will be less than the payback period considering compounded interest rate (for the same amount and same period): True or FalseWhich of the following statements is true about the present value factors? The present value factor is the reciprocal of the present value of annuity due factor. The present value factor is also known as the discount factor. The present value factor decreases as the interest rate decreases. The present value factor should always be greater than 1.Which of the following statements is true about the present value factors? a. The present value factor is the reciprocal of the present value of annuity due factor. b. The present value factor decreases as the interest rate decreases. c. The present value factor is also known as the discount factor. d. The present value factor should always be greater than 1.
