BAR Miles Business Analysis and Reporting Supplemental Course
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WELCOME! PLEASE START HERE.
1. Welcome to Farhat Lectures -
2. How to Use This Course & Resources
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3. Choosing the Right CPA Discipline
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4. CPA Exam Study Tips & Common Questions
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🚀Introduce Yourself1 Topic
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🚨🚨🚨2026 AICPA Released Questions1 Topic
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B1:M1: ENTERPRISE RISK MANAGEMENT FRAMEWORK📖Governance & Culture ERM2 Topics
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📖Strategy & Objective Setting ERM2 Topics
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📖Performance & Risk Severity2 Topics
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📖Risk Review (ERM)2 Topics
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📖Information, Communication & Reporting (ERM)2 Topics|1 Quiz
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📖Application Of ERM Into ESG2 Topics|1 Quiz
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🎯Comprehensive Test: Enterprise Risk Management Framework ERM Complete After reviewing Farhat and Becker1 Quiz
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🚨🚨HOW TO SOLVE SIMULATIONS (TUTORIAL + VIDEO EXAMPLES)✅ BAR CPA Exam Simulation Tutorial + 2024 and 2025 AICPA Video Questions. Miles10 Topics|2 Quizzes
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🎥Understand the 4 Types of Simulations
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🎥🎯BAR AICPA 2024: MCQs and Simulations
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✏️+🎥Previously Released MCQs by AICPA | CPA Exam BAR Part 1🟢
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✏️+🎥Previously Released MCQs by AICPA | CPA Exam BAR Part 2🟢
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🎥# 1 BAR Video Simulation
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🎥# 2 BAR Video Simulation
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🎥# 3 BAR Video Simulation
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🎥# 4 BAR Video Simulation
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AICPA 2025 BAR MCQS Video Solution
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2025 AICPA Simulation BAR: Variances
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🎥Understand the 4 Types of Simulations
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B1:M2: FINANCIAL RISK MANAGEMENT📖Trade-Offs Between Risk & Return2 Topics
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📖Systematic & Unsystematic Risk2 Topics|1 Quiz
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📖Currency Exchange Rate Risk2 Topics
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📖Mitigating Foreign Currency Exchange Rate Risk2 Topics
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📖Financial Risks2 Topics|1 Quiz
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📖Time Value Of Money: Simple Vs. Compounding. APR Vs. EAR3 Topics|1 Quiz
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📖Present Value Of Single Amount4 Topics|2 Quizzes
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📖Present Value Of Annuity4 Topics
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📖Future Value Of Annuity5 Topics|1 Quiz
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📖Present Value Of Bond Computation & Deferred Annuity6 Topics
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B1:M3: MARKET INFLUENCES ON BUSINESS📖Law Of Demand & Supply4 Topics|2 Quizzes
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📖Market Equilibrium2 Topics|1 Quiz
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📖Price Elasticity Of Demand & Supply4 Topics|1 Quiz
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📖Cross Elasticity & Income Elasticity Of Demand4 Topics|1 Quiz
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📖Inflation & Investments4 Topics|1 Quiz
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📖Michael Porter Competitive Strategies2 Topics|1 Quiz
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📖Porter’s Five Forces2 Topics|1 Quiz
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📖SWOT Analysis2 Topics|1 Quiz
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B1:M4: INTERNATIONAL BUSINESS OPERATIONS📖Introduction To International Trade2 Topics|1 Quiz
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📖Structuring International Operations2 Topics|1 Quiz
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📖Exchange & Economic Risks In International Operations2 Topics|1 Quiz
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📖Influences On International Operations2 Topics|1 Quiz
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B1:M5: THE ECONOMIC EFFECT OF SIGNIFICANT TRANSACTIONS📖Mergers & Acquisitions2 Topics|1 Quiz
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📖Divestitures2 Topics|1 Quiz
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🎯Comprehensive Test: Economics Questions + AICPA Previously Released Questions3 Quizzes
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B2:M1: CAPITAL STRUCTURE📖Capital Structure Components2 Topics|1 Quiz
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📖Cost Of Debt & Cost Of Preferred Stock2 Topics|1 Quiz
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📖Capital Asset Pricing Model2 Topics
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📖Cost Of Retained Earnings2 Topics
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📖Bond Yield & Risk Premium (BYRP)2 Topics|1 Quiz
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📖Weighted Average Cost Of Capital (WACC)2 Topics|1 Quiz
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📖Optimal Capital Structure2 Topics
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📖Growth & Profitability2 Topics|1 Quiz
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📖Financial Leverage2 Topics
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🎯AICPA Questions: Capital Structure1 Quiz
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B2:M2: WORKING CAPITAL MANAGEMENT📖Cash & Receivables2 Topics|1 Quiz
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📖Pledging / Selling Recivables6 Topics|2 Quizzes
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📖Cost Flow Assumptions – FIFO, LIFO & Weighted Average4 Topics
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📖Economic Order Quantity2 Topics
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📖Reorder Point & Safety Stock2 Topics
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📖Just In Time Management2 Topics|1 Quiz
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📖Accounts Payable Management2 Topics|2 Quizzes
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📖Letter of Credit2 Topics
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📖Short-Term Vs Long-Term Financing2 Topics
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🎯Comprehensive Test: Working Capital Management + AICPA previously released Questions2 Quizzes
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B2:M3: FINANCIAL VALUATION METHODS📖Basics Of Stock Options2 Topics
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📖Bonds & Bonds Valuation2 Topics
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📖Common Stock Valuation4 Topics|1 Quiz
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📖Components Of Required Rate Of Return2 Topics|1 Quiz
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📖Stock Valuation Using Multiples2 Topics|1 Quiz
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📖Valuation Using Accounting Estimates2 Topics|1 Quiz
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📖Fair Value Measurements2 Topics
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📖Fair Value Of Financial Assets/Liabilities2 Topics
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📖Fair Value Of Non-Financial Assets2 Topics
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🎯Comprehensive Test Security Valuation + AICPA Questions2 Quizzes
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B2:M4: FINANCIAL DECISION MODELS📖Time Value Of Money For Capital Budgeting7 Topics|1 Quiz
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📖What is Capital Budgeting?2 Topics|1 Quiz
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📖Net Present Value (NPV)5 Topics|1 Quiz
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📖Depreciation Tax Shield2 Topics
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📖Internal Rate Of Return IRR6 Topics
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📖Payback & Discounted Payback Period5 Topics
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📖Accounting Rate Of Return ARR & Average Accounting Return AAR3 Topics
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📖Profitability Index PI6 Topics
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🎯Comprehensive Test: Capital Budgeting + AICPA Previously Released Questions2 Quizzes
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B2:M5: MARGINAL ANALYSIS📖Relevant & Irrelevant Cost3 Topics|2 Quizzes
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📖Add Or Drop A Segment5 Topics|1 Quiz
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📖Make Or Buy Components Analysis5 Topics|1 Quiz
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📖Accepting Or Rejecting Special Order4 Topics|1 Quiz
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📖Utilization Of A Constrained Resource3 Topics|1 Quiz
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📖Sell Or Process Further Decisions5 Topics|1 Quiz
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🎯Comprehensive Test: Marginal (differential) + Analysis + AICPA previously Released Questions2 Quizzes
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B3:M1: COST ACCOUNTING📖Basic Cost Accounting Terms2 Topics
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📖Three Baic Manufacturing Cost4 Topics|2 Quizzes
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📖Product Cost Vs Period Cost4 Topics|1 Quiz
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📖Cost Behavior: Variable, Fixed & Mixed Costs4 Topics|1 Quiz
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📖Absorption & Variable Costing9 Topics|3 Quizzes
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🎥+✏️Absorption and Variable Costing🟢
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🎙️Absorption and Variable Costing
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🎥+✏️Example Absorption and Variable Costing🟢
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✏️Variable and Absorption Costing Unit Product Costs🟢
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✏️Variable Costing Income Statement and Net Operating Income Reconciliation🟢
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✏️Reconciliation of Absorption and Variable Costing Net Operating Incomes🟢
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✏️Cestrel Company Absorption and Variable Costing🟢
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✏️ Marlowe Corporation Variable Costing Income Stateme🟢
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✏️ Prescott Corporation🟢
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🎥+✏️Absorption and Variable Costing🟢
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📖Segmented Income Statement Traceable & Common Fixed Cost5 Topics|1 Quiz
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📖Break-Even & Common Errors3 Topics|1 Quiz
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📖Job Order Costing + Predetermined Overhead Rate5 Topics|1 Quiz
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📖Cost Flow In Job Order Costing5 Topics
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📖Cost Of Goods Manufactured4 Topics
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📖Under-Applied & Over-Applied Overhead5 Topics|1 Quiz
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📖Process Costing (Weighted Average)4 Topics
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📖Process Costing (FIFO)8 Topics|2 Quizzes
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🎥+✏️Process Costing (FIFO)🟢
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🎙️Process Costing (FIFO)
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✏️ Process Costing Journal Entries🟢
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✏️Assigning Costs to Units Using the Weighted-Average Method🟢
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✏️Equivalent Units of Production Using the Weighted-Average Method🟢
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✏️Cost per Equivalent Unit Using the FIFO Method🟢
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✏️Assigning Costs to Units Using the FIFO Method🟢
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✏️Cost Reconciliation Report Using the FIFO Method🟢
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🎥+✏️Process Costing (FIFO)🟢
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📖Activity Based Costing11 Topics|2 Quizzes
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🎥+✏️Activity Based Costing🟢
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🎙️Activity Based Costing
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✏️+🎥Example Activity Based Costing🟢
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✏️ABC Cost Hierarchy🟢
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✏️First-Stage Allocation🟢
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✏️Compute Activity Rates🟢
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✏️Second-Stage Allocation🟢
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✏️Product and Customer Profitability Analysis🟢
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✏️Ashgrove Fabrication, Inc.: Activity-Based Costing 🟢
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✏️Ashgrove Fabrication, Inc.: Action Analysis🟢
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✏️Sterling Precision Corp: Activity-Based Costing for External Reports🟢
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🎥+✏️Activity Based Costing🟢
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📖Joint Product Costing & By-Product2 Topics
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🎯Comprehensive Test for: Cost Accounting Concepts + Previously released AICPA Questions2 Quizzes
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🎯Comprehensive ABC, Direct and Full (absorption) Costing : Complete After reviewing Farhat and Becker2 Quizzes
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B3:M2: PERFORMANCE MANAGEMENT📖Benchmarking2 Topics
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📖The 4 Costs Of Quality4 Topics|1 Quiz
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📖Control Charts2 Topics
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📖Pareto Chart2 Topics
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📖Fishbone2 Topics
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📖Non-Financial Measures2 Topics|1 Quiz
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📖Non-GAAP Measures2 Topics|1 Quiz
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📖Performance Measurements2 Topics
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📖Balanced Scorecard5 Topics|1 Quiz
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📖Return On Investment (ROI)4 Topics|1 Quiz
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📖Residual Income5 Topics|1 Quiz
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📖Economic Value Added (EVA)2 Topics
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📖Return On Equity (ROE)2 Topics
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🎯Comprehensive Test: Responsibility Accounting + Previously Released AICPA Questions : Complete After reviewing Farhat and Becker2 Quizzes
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B3:M3: PROJECTION & FORECASTING TECHNIQUES📖Projection Techniques2 Topics
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📖Simple Regression2 Topics|1 Quiz
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📖High Low Method4 Topics|1 Quiz
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📖Cost Volume Profit Analysis2 Topics
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📖Contribution Margin Ratio2 Topics
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📖Cost Volume Profit Application6 Topics|1 Quiz
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🎥+✏️Cost Volume Profit Application🟢
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🎙️Cost Volume Profit Application
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✏️Computing the Contribution Margin Ratio and Variable Expense Ratio🟢
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✏️The Effect of Changes in Unit Sales on Net Operating Income🟢
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✏️Compute and Use the Degree of Operating Leverage🟢
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✏️Sable Ridge Company: Cost-Volume-Profit Relationships🟢
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🎥+✏️Cost Volume Profit Application🟢
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📖Break-Even Point & Target Profit3 Topics|1 Quiz
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📖Target & Cost Volume Profit Analysis3 Topics|1 Quiz
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📖Margin Of Safety3 Topics|1 Quiz
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📖Cost Structure & Profit Stability2 Topics
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📖Degree Of Operating Leverage (DOL)4 Topics|1 Quiz
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📖Break-Even For Multi-Product4 Topics|1 Quiz
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🎯AICPA Questions: Projection and Forecasting techniques2 Quizzes
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🎯Comprehensive Test: Cost Volume Profit Analysis + AICPA Practice Questions : Complete After reviewing Farhat and Becker2 Quizzes
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B3:M4: MASTER BUDGET & ITS SCCHEDULES📖Budget & Role Of Budgets2 Topics|1 Quiz
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📖Budgetary Process3 Topics|1 Quiz
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📖Types Of Budgets2 Topics|1 Quiz
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📖Zero Based Budgeting & Rolling Budget2 Topics|1 Quiz
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📖Activity Based Budgeting2 Topics|1 Quiz
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📖Master Budget & related Schedules10 Topics|2 Quizzes
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🎥+✏️Master Budget and Related Schedules🟢
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🎙️Master Budget and Related Schedules
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✏️Schedule of Expected Cash Collections🟢
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✏️Direct Materials Budge🟢
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✏️Direct Labor Budget🟢
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✏️Manufacturing Overhead Budget🟢
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✏️Selling and Administrative Expense Budget🟢
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✏️Cash Budget🟢
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✏️Budgeted Balance Sheet🟢
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✏️Budgeted Income Statement🟢
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🎥+✏️Master Budget and Related Schedules🟢
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📖Production Budget5 Topics|1 Quiz
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🎯AICPA Questions: Budgeting2 Quizzes
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B3:M5: FINANCIAL STATEMENT ANALYSIS📖Intro To Financial Statement Analysis2 Topics
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📖Vertical & Horizontal Analysis2 Topics
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📖Liquidity Ratios2 Topics
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📖Activity Ratios2 Topics
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📖Solvency Ratios2 Topics
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📖Profitability Ratios2 Topics
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📖Market/Investor Ratios2 Topics|1 Quiz
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📖Comprehensive Practice Financial Statement Analysis5 Topics
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📖The Types Of Data & The 4 Vs2 Topics
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📖Data Visualization2 Topics|1 Quiz
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📖The 4 Types Of Data Analytics: Descriptive, Diagnostics, Predictive & Prescriptive2 Topics|1 Quiz
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📖Data Transformation2 Topics|1 Quiz
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📖Primary & Foreign Key3 Topics|1 Quiz
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🎯Comprehensive Test ratios: AICPA Questions2 Quizzes
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B3:M6 VARIANCE ANALYSIS📖Flexible Budget & Performance Analysis7 Topics|2 Quizzes
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📖Direct Material & Labor Variance Analysis6 Topics|2 Quizzes
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📖Variances Using Journal Entries6 Topics
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📖Variable & Fixed Overhead Variances4 Topics|2 Quizzes
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📖Sales Variance Analysis2 Topics
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🎯Comprehensive Test Variance Analysis + Previously Released AICPA Questions : Complete After reviewing Farhat and Becker2 Quizzes
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B4:M1: INTANGIBLES📖Intangible Assets6 Topics|2 Quizzes
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📖Impairment Of Intangibles3 Topics
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📖Goodwill Impairment7 Topics|2 Quizzes
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📖Accounting For Computer Software Cost1 Topic|1 Quiz
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📖Research & Development Cost6 Topics|1 Quiz
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📖Start-Up & Initial Operating Losses4 Topics
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🎯Test: Intangibles Assets and Software Cost3 Quizzes
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B4:M2: REVENUE RECOGNITION ADVANCED TOPICS📖Contract Modification3 Topics
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📖Sales Returns & Allowances2 Topics
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📖Repurchase Agreement2 Topics
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📖Bill & Hold2 Topics
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📖Warranty & Upfront Fees3 Topics
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📖Revenue Recognition Examples2 Topics|2 Quizzes
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📖Percentage Of Completion Method Losses3 Topics
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📖Percentage Of Completion Method3 Topics
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📖Cost Recovery Method For Revenue Recognition2 Topics|2 Quizzes
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📖Accounting For Sales On Consignment2 Topics
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📖Sales Reconciliation2 Topics
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🎯Test: Revenue recognition1 Quiz
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B4:M3: STOCK COMPENSATION📖Accounting For Stock Options3 Topics|1 Quiz
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📖Restricted Stocks3 Topics|2 Quizzes
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📖Share Application Rights SARs2 Topics|2 Quizzes
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🎯Test: stock compensation1 Quiz
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B4:M4: BUSINESS COMBINATIONS & CONSOLIDATED FINANCIAL STATEMENTS📖Intro To Business Combination2 Topics
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📖Variable Interest Entity2 Topics|1 Quiz
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📖Business Combinations: Acquisition Method2 Topics|1 Quiz
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📖Elimination Of The Investment In The Subsidiary2 Topics|1 Quiz
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📖Consolidated Financial Statements2 Topics|1 Quiz
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📖Impairment Of Assets (Intangibles & Goodwill)2 Topics|1 Quiz
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🎯Test: Business Combinations and Consolidations + AICPA Questions2 Quizzes
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B4:M5: CONSOLIDATED FINANCIAL STATEMENTS: FOREIGN CURRENCY TRANSLATION ADJUSTMENTS📖Temporal Method: Remeasurement Model3 Topics|1 Quiz
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📖Current Rate Method | Translation Of Financial Statements3 Topics|1 Quiz
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📖Translation Of Retained Earnings2 Topics
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📖Translation Of Inventory, COGS, & PP&E2 Topics
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📖Translation Of Financial Statements1 Topic
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🎯AICPA Questions: Foreign Currency Translation1 Quiz
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B4:M6: DERIVATIVES & HEDGE ACCOUNTING📖Intro To Hedging & Derivative Instruments3 Topics
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📖Speculations3 Topics
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📖Fair Value Hedge4 Topics
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📖Cash Flow Hedge4 Topics
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📖Hedging Effectiveness & Documentation5 Topics|2 Quizzes
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🎯Test: Derivatives and Hedging AICPA Questions1 Quiz
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B4:M7: LEASES📖Intro To Accounting For Leases2 Topics|2 Quizzes
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📖Accounting For Sales-Type Lease, Lessor4 Topics
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📖Direct Financing Lease3 Topics
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📖Accounting For Operating Lease By Lessor4 Topics|2 Quizzes
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📖Residual Value For Leases Guaranteed & Unguaranteed For Lessor2 Topics
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📖Initial Direct Costs & Executory Cost2 Topics|1 Quiz
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📖Finance Lease Vs Operating Lease Vs Sales Type Lease1 Topic
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📖Accounting For Leases Sales – Leaseback4 Topics|2 Quizzes
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🎯Test: Leases AICPA Questions1 Quiz
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B4:M8: SEGMENT REPORTING & PUBLIC COMPANY REPORTING TOPICS📖Segment Reporting3 Topics|1 Quiz
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📖Extensible Business Reporting Language (XBRL)2 Topics|1 Quiz
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📖Regulation SK2 Topics|1 Quiz
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📖Regulation SX2 Topics|1 Quiz
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🎯Comprehensive Test: Interim, SEC and Reportable Segments1 Quiz
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B4:M9: FINANCIAL STATEMENTS OF EMPLOYEE BENEFIT PLAN📖Pension Plan Financial Statements2 Topics|1 Quiz
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🎯Test: Pension plans AICPA questions1 Quiz
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B5:M1: BUDGETARY & ACTIVITY ACCOUNTING📖Revenue Recognition For Governmental Accounting2 Topics
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📖Imposed Non-Exchange Revenue Recognition2 Topics
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📖Governmental Grants | On Behalf Payments | Revenue Recognition4 Topics|1 Quiz
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📖Governmental Revenue Recognition Sale Of Assets2 Topics
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📖Expenditures Vs Expenses2 Topics
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📖Compensated Absences Expenditures3 Topics
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📖Pension / Claims & Judgements Expenditures4 Topics
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📖Material & Supplies3 Topics
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📖Capital Asset Under Governmental Accounting1 Topic
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📖Expenditures For Capital Asset, Interest, Principal & Capital/Operating Lease2 Topics
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📖Non-Exchange Expenditures2 Topics
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📖InterFund Governmental Activities3 Topics
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📖Governmental Leases2 Topics
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📖Elements Of Governmental Financial Statements2 Topics
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📖Categories Of Fund Balance2 Topics|1 Quiz
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📖Net Position In Governmental Accounting2 Topics|1 Quiz
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B5:M2: ENCUMBRANCES & OTHER TRANSACTIONS📖Governmental Budgeting | Appropriations | Encumbrances | Estimated Revenues3 Topics
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📖Encumbrances Lapse At Year End | Encumbrances Don’t Lapse At Year End3 Topics|2 Quizzes
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B5:M3: GOVERNMENTAL FUNDS & FINANCIAL STATEMENTS: PART 1📖Governmental Funds3 Topics
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📖Special Revenue Funds2 Topics|1 Quiz
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📖Debt Service Funds2 Topics|1 Quiz
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B5:M4: GOVERNMENTAL FUNDS & FINANCIAL STATEMENTS: PART 2📖Capital Project Funds3 Topics|2 Quizzes
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📖Permanent Funds2 Topics|1 Quiz
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B5:M5: PROPRIETARY FUNDS FINANCIAL STATEMENTS📖Accounting For Proprietary Funds | Enterprise Funds2 Topics
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📖Enterprise Funds | Landfill Cost2 Topics
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📖Accounting For Internal Service Funds | Proprietary Funds2 Topics
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📖Cash Flow Statement For Proprietary Funds3 Topics|3 Quizzes
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📖Journal Entries For Enterprise Funds | Financial Statement1 Topic|1 Quiz
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B5:M6: FIDUCIARY FUNDS FINANCIAL STATEMENTS📖Agency / Custodian Funds2 Topics
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📖Private Purpose / Investment Trust Funds2 Topics
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📖Pension Trust Funds2 Topics|2 Quizzes
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B5:M7: FORM & CONTENT OF THE ANNUAL COMPREHENSIVE ANNUAL FINANCIAL REPORT📖Annual Comprehensive Financial Report (ACFR)2 Topics|1 Quiz
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📖Component Units2 Topics|1 Quiz
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B5:M9: FUND FINANCIAL STATEMENTS📖Proprietary Funds2 Topics
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📖Fiduciary Funds2 Topics
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📖Governmental Fund2 Topics
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📖Fund Accounting: Elements Of Governmental Financial Statements2 Topics
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B5:M10: GOVERNMENT WIDE FINANCIAL STATEMENTS📖Government Wide Financial Statements2 Topics|1 Quiz
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📖Capital Assets In Government-Wide FS2 Topics|1 Quiz
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📖Fund Financial Statements2 Topics
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📖Major Fund Rules2 Topics
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📖Reconciliation Government Wide Financial Statements: Capital Assets2 Topics
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📖Reconciliation Government Wide Financial Statements: Long-Term Debt2 Topics
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📖Reconciliation Government Wide Financial Statements: Revenues & Expenses2 Topics
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📖Reconciling Internal Service Funds To Government Wide Financial Statements3 Topics|2 Quizzes
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B5:M11: NOTES & SUPPLEMENTARY INFORMATION📖Management’s Discussion & Analysis (MD&A) For Government2 Topics
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📖Notes To The FS – Governmental Accounting2 Topics
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📖Required Supplementary Information (Other Than MD&A)2 Topics|1 Quiz
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🎯Test: Government Accounting and Reporting + AICPA Questions1 Quiz
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💡B3:M1: Cost accounting4 Quizzes
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Question 1 of 27
1. Question
What is the term used to refer to an interest rate that is compounded semiannually but is expressed as if the rate were compounded annually?
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Question 2 of 27
2. Question
What is the term used to refer to the result of multiplying the interest rate charged per period by the number of periods per year?
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Question 3 of 27
3. Question
Which compounding frequency will result in the highest effective interest rate for a given stated interest rate?
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Question 4 of 27
4. Question
John took out a car loan for $20,000 from Cedars Bank. What is the annual percentage rate on this loan if the bank charges a monthly interest rate of 0.75 percent?
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Question 5 of 27
5. Question
Mark took out a loan of $5,000 from a lender who charges an additional 1% to the loan balance every week until it is repaid. Calculate the effective annual interest rate of the loan.
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Question 6 of 27
6. Question
Alice has $10,000 to deposit into a savings account and wants to compare the interest rates offered by different banks in her area. The following are the interest rates offered by the banks. Which bank should she choose to deposit her savings in?
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Question 7 of 27
7. Question
Kelly invests $120 in an account that pays 5% simple interest. How much money will Kelly have at the end of 3 years?
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Question 8 of 27
8. Question
Kaya invests $6,000 in a bank account that pays 2% simple interest. If the interest had compounded annually, how much more could she have earned over a period of three years?
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Question 9 of 27
9. Question
What is the future value of $10,000 invested for 4 years at 6% compounded annually?
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Question 10 of 27
10. Question
Which of the following is the present value of $15,000 to be received 4 years from now using a discount rate of 10%?
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Question 11 of 27
11. Question
Three years ago, Ajay invested $4,000. Today, it is worth $5,004. What rate of interest did Ajay earn?
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Question 12 of 27
12. Question
On January 2, 20X1, Katy deposited $5,000 into an account earning 6% interest, compounded annually. On the same day, Kelly also deposited $5,000 into an account earning 6% interest, compounded annually. Katy reinvested her interest earnings into her account while Kelly withdrew her interest earnings annually and spent it. Based on the provided information, which of the following statements is true?
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Question 13 of 27
13. Question
Mike deposited $2,000 in a retirement account compounding interest at 5% annually for 30 years. Assuming Mike did not withdraw any principal or interest before retirement, which of the following statements is true?
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Question 14 of 27
14. Question
Lauren invested $8,000 in an account that pays 7% simple interest annually. Assuming that she did not make any withdrawals, how much money will she have in her account after 6 years?
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Question 15 of 27
15. Question
What is the future value of $10,000 invested for 12 years at 6.5% compounded annually?
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Question 16 of 27
16. Question
The process of computing today’s value of future cash flows by applying a discount rate is known as:
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Question 17 of 27
17. Question
Jason is determining the present value of a bonus he will receive in 2 years. What is the process he is using called?
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Question 18 of 27
18. Question
Which of the following terms is used to refer to the interest earned on both the original amount invested and the reinvested interest?
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Question 19 of 27
19. Question
You deposit $200 today in a bank account that earns 5% annual interest. What is the term used to describe the value of your deposit at the end of one year?
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Question 20 of 27
20. Question
Liam invested $4,000 three years ago at a 3% annual interest rate. He reinvests his interest earnings each year to increase his future returns. What is this method of managing his earnings called?
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Question 21 of 27
21. Question
Carlos invested $3,000 at a fixed 5% annual interest rate. He withdraws all the interest earned each year, leaving only his initial $3,000. What type of interest is he earning?
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Question 22 of 27
22. Question
Martin won a prize that pays him $5,000 annually for the next 20 years. The total value of these payments discounted at his discount rate, is referred to as:
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Question 23 of 27
23. Question
Sarah has calculated the present value of a $50,000 payment she expects to receive in 5 years. The interest rate she used in this calculation is called:
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Question 24 of 27
24. Question
On June 1, 20X6, Jake and Emily both invested $10,000 at a 6% annual interest rate, compounded yearly. Jake was age 32 at the time of the investment, while Emily was age 36. Both retired at age 65 and did not withdraw any money before their retirement. Which of the following statements is accurate?
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Question 25 of 27
25. Question
Today, you invest $2,000 in a savings account that compounds interest at 4% annually. You plan to leave the money untouched for 30 years. Which of the following statements is correct?
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Question 26 of 27
26. Question
Which of the following scenarios will result in the smallest present value?
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Question 27 of 27
27. Question
Maria invested $150 at 10% interest two years ago. The first year, she earned $15 in interest. She reinvested this amount, and in the second year, she earned $16.50 in interest. The additional $1.50 in the second year is known as:
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Responses
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I don’t think the video provided goes in depth enough to explain the questions in this quiz.
Hello Kelsey,
Thank you for your feedback!
Could you please specify which questions were not covered by the first lecture?
If you watch the first video alone (as this is the order presented) and attempt to do the quiz after as the order suggests, there is a lot on this quiz that is not even covered at all in the first video. It’s like whoever made these quizzes aren’t trying to actually quiz you on the actual content presented, and are instead trying to quiz you on the entire concept of Time Value of Money instead. I didn’t understand how to begin solving some of these problems until I had gone through all of the content so I’m not sure why the content is so unorganized. It’s very unhelpful for first time students and very confusing. Please watch the video and try to the do quiz right after in the order it’s presented. It’s missing a lot of context because the video does not go over everything that is being quizzed.
Hi Kelsey,
Thank you so much for your detailed feedback. We truly appreciate you taking the time to share your experience.
We’ll review the sequence you’ve described to identify any gaps or mismatches between the lecture and the quiz content and make the necessary updates.
Please don’t hesitate to reach out anytime you feel something isn’t working as it should.