Related Questions

In Bangladesh which of the following is used for selling accounts on interbank fund transfers?
A BACH
B BACPS
C EFTN
D RTGS
The interest charged on a loan is Tk. p per Tk. 1,000 for the first month and Tk. q per Tk. 1,000 for each month after the first month. How much interest will be charged during the first three months on a loan of Tk. 10,000?
A 30p
B 30q
C 20p+10q
D 10p+20q
The interest charged on a loan is Tk. p per Tk. 1000 for the first month and Tk. q for the Tk. 1000 for each month after first month.How much interest will be charged during the first three months of a loan of Tk. 10000?
A 10p+20q
B p+2q
C 20p+10q
D 30q
The interest charged on a loan is p dollars per $1,000 for the first month and q dollars per $1,000 for each month after the first month. How much interest will be charged during the first three months on a loan of $10,000?
A 10p+20q
B 30q
C 30p
D 20p+10q
The interest charged on a loan is p dollars per $1,000 for the first month and q dollars per $1,000 for each month after the first month . How much interest will be charged during the first three months on a loan of $ 10,000?
A 10p + 20q
B 30q
C 30p
D 20p + 10q
The interest charged on a loan is ‘P’, per Tk, 1000 for the first quarter (3 months), and 'Q' per Tk. 1000 for each month after the first quarter. How much interest will be charged for the first year on Tk. 10,000?
A 10(P+Q)
B 10(P+9Q)
C 4P+9Q
D None of this
When interest rate is lower than equilibrium rate of borrowing loanable funds then financial system has
A surplus of funds
B deficit of funds
C short-term funds
D long-term funds
When interest rate is higher than equilibrium rate of borrowing loanable funds then financial system has
A short-term funds
B long-term funds
C surplus of funds
D deficit of funds
Arman wanted to have Tk. 39,200 as interest after 5 years. He has invested an amount in an account for 1 year at 8% interest rate. From the 2nd year, he invested the principal amount in another account offering 10% interest for 3 years. At the beginning of the fifth year he invested the Principal amount in another account at the rate of 11%. What was the principal amount? (assume simple interest rate)
A Tk. 50,000
B Tk. 80,000
C Tk. 70,000
D Tk. 90,000
E None of them
Reena took a loan of Tk. 1200 with simple interest for as many years as the rate of interest. If she paid Tk. 432 as interest at the end of the loan period, what was the rate of interest?
A 3.6
B 6
C 18
D None of these

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