30 Questions
What is the formula to calculate the discount value?
D = Sdt
What is the nominal value of the loan in the first example?
$1000
What is the discount rate in the second example?
11.52%
What is the present value of the loan in the first example?
$1000
What is the discount value in the second example?
$48
What is the time in years in the first example?
5 years
What is the result of the calculation (July 10 + 5 months) - October 18?
53 days
What is the duration of the remaining time?
about 7 weeks
What is July 10 plus 5 months?
November 10
What is the difference between the maturity date and October 18?
53 days
What operation is performed to find the remaining time?
subtraction
What is the result of applying a 15% discount rate to a loan?
$1034.95
What is the value of the loan after 15 years with an interest rate of 15%?
$1034.95
If S is the nominal value of the loan, what is the formula to calculate the present value P after n years with an interest rate of i?
P=S(1-it)^(-n)
What is the present value of a loan after a 15% discount rate has been applied?
$1034.95
What is the effect of a 15% discount rate on a loan?
Decreases the present value
What is the formula to find the maturity value of the note?
S= P(1 + it)
What is the principal amount of the note?
$1000
What is the interest rate of the note?
14%
What is the maturity value of the note?
$1058.33
What is the discount value of a loan with a nominal value of $100, a discount rate of 6%, and a time period of 5 years?
$22.5
What is the present value of a loan with a nominal value of $240, a discount rate of 6%, and a time period of 6 years?
$522.2
What is the discount rate of a loan with a nominal value of $100, a discount value of $22.5, and a time period of 5 years?
6%
What is the time period of a loan with a nominal value of $100, a discount value of $25.5, and a discount rate of 6%?
5 years
What is the nominal value of a loan with a present value of $522.2, a discount rate of 6%, and a time period of 5 years?
$100
What is the discount value of a loan with a nominal value of $3835, a discount rate of 6.3%, and a time period of 3 years?
$1000
What is the present value of a loan with a nominal value of $3835, a discount rate of 6.3%, and a time period of 3 years?
$2835
What is the discount rate of a loan with a nominal value of $3835, a discount value of $1000, and a time period of 3 years?
6.3%
What is the time period of a loan with a nominal value of $3835, a discount value of $1000, and a discount rate of 6.3%?
3 years
What is the nominal value of a loan with a present value of $2835, a discount rate of 6.3%, and a time period of 3 years?
$3835
Solve problems involving simple discount calculations, including determining the discount value, present value, and nominal value of a loan. Understand the formula D = S - P = S(1 - dt) and apply it to real-world scenarios.
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