Quiz Space

Financial Forensics · End Term · 13 Apr 2025 · January 2025 term · Set 1-2

Question 19: A business is planning for a financial goal to accumulat…

Question 19

+1 markNumerical answer

A business is planning for a financial goal to accumulate ₹50,000 over the next four years. To achieve this, they decide to invest a fixed amount at the start of each year in a savings account offering a 6% annual interest rate. How much should the business contribute annually to meet its goal?

Show answer

Correct answer: 10750 (accepted within ±50)

See the whole paperTake it as a mock test

Question 19 of 32 in the IIT Madras BS Financial Forensics (Financial Forensics) End Term paper sat on 13 Apr 2025, in the January 2025 term (IIT M IMPROVEMENT FN EXAM QIM2 13 Apr). It carries 1 mark.

This question was also asked in

More questions from this paper

  1. Q1Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of ₹ 34,500, ₹ 55,950, ₹ 62,210, ₹ …
  2. Q2In the financial year 2022-2023 a company consumed raw materials worth 10,00,000 INR. The balance sheet as of 31st Marc…
  3. Q3Which of the following statement(s) is correct about the Capital Asset Pricing Model:\ I. If the beta of a stock is gre…
  4. Q4You have built a linear regression model for predicting the number of users who access your payment platform daily. The…
  5. Q5A Fraud detection model a FinTech company is put to production which is used for flagging suspicious transactions from …
  6. Q6A data scientist is building a time series model to forecast monthly sales for a retail store. The dataset consists of …
  7. Q7A retail company is building a time series forecasting model to predict weekly sales. The dataset consists of 104 weeks…
  8. Q8If a model predicts the positive class for all observations in a binary classification problem with both positive and n…
  9. Q9What is the Capture Rate of applications having score greater than 150? What is the Capture Rate of applications having…
  10. Q10What is the Capture Rate of Bads at top 30%? What is the Capture Rate of Bads at top 30%?
  11. Q11What is the KS from the below table? What is the KS from the below table?
  12. Q12Secure Credit Union, one of the major lending banks, has hired you to build a credit underwriting model to help their a…
  13. Q13Which of the following is not used on approved applications?
  14. Q14Which of the following is the last step in credit lifecycle?
  15. Q15Which of the following is the first step in credit lifecycle?
  16. Q16What type of explainability approach focuses on understanding a specific prediction rather than the entire model?
  17. Q17What is the base value in SHAP analysis typically equal to?
  18. Q18In the following waterfall plot , identify the model predicted value. In the following waterfall plot , identify the mo…
  19. Q20A real estate developer offers an investment plan where buyers pay ₹15,00,000 upfront to own a property. The developer …
  20. Q21XYZ Corporation has consistently delivered a return on equity (ROE) of 20%, with a profit margin of 10% and a total ass…
  21. Q22A stock has a beta of 1.5. The risk-free rate is 3.5%, and the expected return on the market is 12%. However, due to ma…
  22. Q23ABC Corporation operates in a volatile industry and has an equity beta (levered beta) of 2.2. Currently, the company is…
  23. Q24What is the Roll Back rate for 90-119 DPD after 18 MOB (in %)? What is the Roll Back rate for 90-119 DPD after 18 MOB (…
  24. Q25What is the Roll Forward rate for 120-149 DPD after 18 MOB (in %)? What is the Roll Forward rate for 120-149 DPD after …
  25. Q26Cash inflow is _?
  26. Q27Cash outflow is _?
  27. Q28How much is the total profit/loss?
  28. Q29Which three messages are most aligned, revealing the true intelligence?
  29. Q30Which pair of messages has the least similarity, suggesting one is the decoy?
  30. Q31The highest cosine similarity among the message pairs is:
  31. Q32The cosine similarity between Y and W is: