i-Given a 3-month KLIBOR =5%, Spread =2%, SRR =4%, and OPR=3%, compute the variable interest rate?

Select one:

A. 7.21%

B. 8.33%

C. 5.21%

D. 3.13%

ii-En Tamrin invests RM9,000 in an investment paper for 1 year that pays an interest rate of 10%. At the end of one year on the maturity of the investment, he receives RM10,000. What is the interest rate used in En Tamrin’s investment?

Select one:

A. Coupon interest

B. Discount interest

C. Compound interest

D. Flat interest

iv-En Tamrin invests RM9,000 in an investment paper for 1 year that pays an interest rate of 10%. At the end of one year on the maturity of the investment, he receives RM10,000. Calculate En Tamrin effective rate of return.

Select one:

A. 11.11%

B. 10.11%

C. 12.11%

D. 9.11%

John’s car loan RM40,000 is charged at 2.5% p.a. flat for 4 years. Compute the total interest charged on John’s loan.

Select one:

A. RM4,000

B. RM208.33

C. RM64,000

D. RM2,083