Sec_All_True_False_Ch_27_

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1、1. Iftheinterestrateis8percent,thenthepresentvalueof$1,000tobereceivedin4yearsis$735.03. a. True b. FalseANSWER:  TruePOINTS:  1DIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.017-Calculatethepresentvalueofasumofmoneyreceivedinnyears.NATIONAL STANDARDS:  UnitedStates-BUSPROG:

2、AnalyticTOPICS:  FinancialeconomicsKEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  001.27-TF-MANK082. Ifasavingsaccountpays5percentannualinterest,thentheruleof70tellsusthattheaccountvaluewilldoubleinapproximately14years. a. True b. FalseANSWER:  TruePOINTS:  1DIFFICULTY:  ModerateLEARNI

3、NG OBJECTIVES:  ECON.MANK.054-Determinehowlongittakesforaneconomytodoubleaccordingtotheruleof70anditscurrentgrowthrate.NATIONAL STANDARDS:  UnitedStates-BUSPROG:AnalyticTOPICS:  EconomicgrowthRuleof70KEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  002.27-TF-MANK083. Thepresentvalueof$10

4、0tobepaidintwoyearsislessthanthepresentvalueof$100tobepaidinthreeyears. a. True b. FalseANSWER:  FalsePOINTS:  1DIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.017-Calculatethepresentvalueofasumofmoneyreceivedinnyears.NATIONAL STANDARDS:  UnitedStates-BUSPROG:AnalyticTOPICS:  Fin

5、ancialeconomicsKEYWORDS:  BLOOM'S:AnalysisCUSTOM ID:  003.27-TF-MANK084. Thefuturevalueof$1savedtodayis$1/(1+r). a. True b. FalseANSWER:  FalsePOINTS:  1DIFFICULTY:  EasyCopyrightCengageLearning.PoweredbyCognero.Page 16LEARNING OBJECTIVES:  ECON.MANK.013-Applythebasictoolsoffinanc

6、e.NATIONAL STANDARDS:  UnitedStates-BUSPROG:AnalyticTOPICS:  FinancialeconomicsFuturevalueKEYWORDS:  BLOOM'S:AnalysisCUSTOM ID:  004.27-TF-MANK085. Thepresentvalueofanyfuturesumofmoneyistheamountthatwouldbeneededtoday,atcurrentinterestrates,toproducethatfuturesum. a. True b. False

7、ANSWER:  TruePOINTS:  1DIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.013-Applythebasictoolsoffinance.NATIONAL STANDARDS:  UnitedStates-BUSPROG:AnalyticTOPICS:  FinancialeconomicsKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  005.27-TF-MANK086. Thesoonerapaymentisreceivedandthehigh

8、ertheinterestrate,thegreaterthepr