Quantitative Methods for Finance Quiz

We invite you to participate in our Quantitative Methods for Finance pop quiz. Challenge yourself with the question below!

Q. Suppose that a mortgage bank is willing to lend at an interest rate that makes the present value of an annuity that pays $1 per month for 360 months (30 years) equal to $200. If you were willing to make monthly mortgage payments of $6,000 for 30 years, how much would the bank be willing to lend to you?

A) $180,000
B) $1,200,000
C) $2,160,000
D) None of the above

Answer:

What is the Quantitative Methods for Finance Professional Certificate?

This hands-on certificate program develops the fundamental desk-ready skills essential for quantitative roles in finance, including trading, structuring, valuation, risk management, regulation and financial engineering. Learn all the mathematical techniques, excel tools, VBA programming skills and numerical methods that you need to succeed.

About The New York Institute of Finance

The New York Institute of Finance (NYIF) is a global leader in professional training for financial services and related industries. NYIF courses cover everything from investment banking, asset pricing, insurance and market structure to financial modeling, treasury operations, and accounting. The New York Institute of Finance has a faculty of industry leaders and offers a range of program delivery options, including self-study, online courses, and in-person classes. Founded by the New York Stock Exchange in 1922, NYIF has trained over 250,000 professionals online and in-class, in over 120 countries.

See all of NYIF’s training and qualifications here.

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