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NEW QUESTION: 1
Section A (1 Mark)
Mr. Dhir is now 50 years old. He has invested Rs. 1,50,000/- in an annuity which will pay him after 10 years a certain amount p.a. at the beginning of every year for 10 years. Rate of interest is 7% p.a. Calculate how much he will receive at the beginning of every year after 10 years?
A. 0
B. 1
C. 2
D. 3
Answer: B
NEW QUESTION: 2
A. Option A
B. Option D
C. Option C
D. Option B
E. Option E
Answer: A,E
Explanation:
Explanation
References https://docs.oracle.com/cd/B28359_01/server.111/b28300/expimp.htm#UPGRD12560
NEW QUESTION: 3
Your client calls you with a market order to purchase 500 shares of the stock of Oracle and asks when payment will be due. If today is Wednesday, September 15th, you inform the client that payment is due on
A. Friday, September 17th.
B. Saturday, September 18th.
C. Thursday, September 16th.
D. Monday, September 20th.
Answer: D
Explanation:
Explanation/Reference:
Explanation: If your client places an order to purchase 500 shares of Oracle on the open market on Wednesday, September 15th, payment will be due on Monday, September 20th. The settlement date for stock transactions is T + 3, which means the third business day after the trade. Saturday is not a business day.
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