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    Fin 501: Mid - Semester Exam: Campus Day Time Room

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    Saaliha Saabira
    The document provides information about the FIN 501 mid-semester exam for various campus locations. It notes that the exam will cover topics 1-4 and will be in the form of 10 calculation questions testing personal savings, corporate savings, GDP, interest rate determination, currency conversion, and simple and compound interest calculations. It also provides the exam date, time and location for each campus and notes that student ID will be required for entry and non-programmable calculators are allowed. Finally, it includes a formula sheet for topics covered on the exam.

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    Fin 501: Mid - Semester Exam: Campus Day Time Room

    Uploaded by

    Saaliha Saabira
    34 views2 pages
    The document provides information about the FIN 501 mid-semester exam for various campus locations. It notes that the exam will cover topics 1-4 and will be in the form of 10 calculation questions testing personal savings, corporate savings, GDP, interest rate determination, currency conversion, and simple and compound interest calculations. It also provides the exam date, time and location for each campus and notes that student ID will be required for entry and non-programmable calculators are allowed. Finally, it includes a formula sheet for topics covered on the exam.

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    Fin 501 Mid - Sem Info

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    The document provides information about the FIN 501 mid-semester exam for various campus locations. It notes that the exam will cover topics 1-4 and will be in the form of 10 calculation questions testing personal savings, corporate savings, GDP, interest rate determination, currency conversion, and simple and compound interest calculations. It also provides the exam date, time and location for each campus and notes that student ID will be required for entry and non-programmable calculators are allowed. Finally, it includes a formula sheet for topics covered on the exam.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    34 views2 pages

    Fin 501: Mid - Semester Exam: Campus Day Time Room

    Uploaded by

    Saaliha Saabira
    The document provides information about the FIN 501 mid-semester exam for various campus locations. It notes that the exam will cover topics 1-4 and will be in the form of 10 calculation questions testing personal savings, corporate savings, GDP, interest rate determination, currency conversion, and simple and compound interest calculations. It also provides the exam date, time and location for each campus and notes that student ID will be required for entry and non-programmable calculators are allowed. Finally, it includes a formula sheet for topics covered on the exam.

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    FIN 501: MID – SEMESTER EXAM

    Campus Day Time Room


    Day-Thursday (05/05/2022) 1-3pm Main Hall
    Nasinu
    Monday (02/05/2022) 6-8pm H203
    (Nasinu evening students if you have a issue with either of these slots then please contact your
    evening lecturer for advise)
           
    Namaka Monday (02/05/2022) 10-12pm H29/H33
           
    Ba Monday (02/05/2022) 10-12pm C303
           
    Labasa Monday (02/05/2022) 10-12pm Room 1/2

    Note: bring your student ID card to the exam venue for verification purposes
    and all phones will have to be switched off during the exam as such you have to
    bring along a non-programmable calculator for calculation purposes (no
    borrowings will be allowed while the exam will be in progress).
    Mid – Semester Exam Format – (Coverage: Topics 1-4)

    QUESTION MARKS TIME

    10 Calculation questions (no theory)


     Q1- Personal Savings (Topic 2)
     Q2 - Corporate Savings (Topic 2)
     Q3– GDP (Topic 2)
    50 2 hrs
     Q4 – Q6 –Interest rate determination (Topic 3)
     Q7 – currency conversion (Topic 2)
     Q8 - simple interest – single sum (Topic 4)
     Q9 - Compound interest – single sum (Topic 4)
     Q10 - effective annual rate – single sum (Topic 4)
    (note: no annuities or unequal sum is tested here)

    Note: the best tool for revision is your lecture notes and your tutorials
    (Formula sheet will be provided during the exam; a copy is provided below for your reference)

    FORMULAS

    1. Personal Saving = Personal Income – Personal Current Taxes – Personal Outlays

    2. Savings Rate = (Personal Savings)/ (Disposable Personal Income)

    3. Undistributed profits = Profits before taxes - tax liabilities - dividends

    4. Retention Rate = (Undistributed Profits)/ (Profits After Taxes)

    5. Gross Domestic Product: GDP = PCE + GE + GPDI + NE

    6. Risk Free Rate of Interest: RF = RR + IP

    7. Nominal Interest Rate: r = RR + IP + DRP + MRP + LP

    8. Simple Interest Rate FV = PV x [1 + (i x n) PV = FV/[1+ (i x n)

    9. Compound Interest Rate FV = PV (1 + r)n PV = FV / (1 +r)n

    10. APR = r x n; EAR= (1 + r)n – 1

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