How many years will it take to pay off a Rs. 11,000 loan with a Rs. 1,241.08 annual payment and a 5% interest rate?

✅ B. 7.14%

Option A : 0.07% Option B : 7.14% Option C : 0.05 times Option D : 7.15 times Option E : Correct Answer : 7.14% Read more

✅ B. Opportunity cost

Option A : Sunk cost Option B : Opportunity cost Option C : Financing cost Option D : All of the given options Option E : Correct Answer : Opportunity cost Read more

✅ B. It reduces the real value of cash flows received in the future

Option A : It increases the real value of cash flows received in the future Option B : It reduces the real value of cash flows received in the future Option C : It has no effect on real value of cash flow received in the future Option D : None of these Option E : Correct Answer : It… Read more

✅ C. Decreases

Option A : Never changes Option B : Increases Option C : Decreases Option D : Earned Option E : Correct Answer : Decreases Read more

✅ D. Both B and C

Option A : General professionals Option B : Professional corporation Option C : Professional association Option D : Both B and C Option E : Correct Answer : Both B and C Read more

✅ C. 40%

Option A : 12% Option B : 25% Option C : 40% Option D : 60% Option E : Correct Answer : 40% Read more

✅ B. Dealer market

Option A : Stock market Option B : Dealer market Option C : Outcry auction system Option D : Face to face communication Option E : Correct Answer : Dealer market Read more

✅ B. Particular firm

Option A : Particular market Option B : Particular firm Option C : Particular creditor Option D : Particular debtor Option E : Correct Answer : Particular firm Read more