Wednesday, February 8, 2012

Chapter 5 The Mathematics of Real Estate Analysis


by: Mario Jauregui

True or False
When it comes to money, there are two rules: (1) More is better than less and (2) sooner is better than later.

TRUE

Multiple Choice
Rate of return that exactly equates the investment outflows with the investment inflows once we consider the timing f the cash flows.
            Internal Rate of Return (IRR)
            Break Even Point
            Present Value
            Time Value of Money

Internal Rate of Return (IRR)


True or False
Equation for IRR is PVo=FVn(1+r)n      

FALSE -> FVn=PVo(1+r)n


Multiple Choice
An annuity is ___________________________________.

            (A) Systematic reduction of debt through a series of scheduled principle
            repayments
            (B) That portion of investment cash inflow designated as the interest earned
            on investment capital
            (C) Specific type of income stream characterized by equal periodic payments
            over its life.
            (D) Discounted value of income–producing asset considering both cash inflow
            to the asset owner and cash outflows from the asset owner.

C


True or False
Amortization is the process of determining the future value of an income stream by applying appropriate time value of money concepts.

FALSE-> The systematic reduction of debt through a series of scheduled principal repayments that lead eventually to the complete extinction of the loan.


True or False
It is important to plan for future needs and setting aside the appropriate amount each year can help with capital investments. In other words, upkeep is necessary.

TRUE


Multiple Choice
What is the formula for discounting annuities?
(A) MP=MBo{(r/m)/[1-(1+r/m)-N*M]}         
(B) a=FVa{r/[(1+r)n-1]}
(C) a=PVa{r/[1-(1+r)-n]}
(D) PVa=FVn(1+r)-n

D


True or False
The real estate decision aid is a set of tools based on the concept of time value of money.

TRUE

2 comments:

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    Charles A

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