Time Value Money (Revision) Practical Sheet

Sapm

1. Rakesh has invested Rs. 60,000 in Bank Certificate of Deposit for 12 years, at 8% interest. How much will he
receive at maturity?
2. Vishal deposits Rs. 2,00,000 with a bank which pays 20% interest compounded annually, for a period of 6 years.
How much amount he would get at maturity?
3. Samrat deposits Rs. 30,000 with bank at 15% interest compounded quarterly. How much amount he will get after
a period of 6 years?
4. Find the future value of Rs. 50,000 to be received at the end of 4 years at 12% interest compounded quarterly.
5. A bank promises to give you Rs. 1,00,000 after 7 years at the rate of 10% interest. How much should you deposit
today?
6. Find the doubling period of the investments, if the interest rates are:
a) 12%
b) 9.5%
c) 16%
d) 8%
e) 7.5%
f) 10%
7. Find out the present value of an annuity of Rs. 3,00,000 over 3 years at 15% discount.
8. Find the present value of Rs. 10,000 receivable 8 years hence if the rate of interest is 12%.
9. Find the present value of Rs. 15,00,000 to be received at the end of 16 years at 11.5% interest compounded
quarterly.
10. Mr. Ghotala has invested Rs. 78,000 on Printer Machine on 1 st Jan 2014. He estimates net cash income from
Printer Machine in next 5 years as under:

FGS/ TYBBI/ SAPM

Page 1