Single Payment

1) A machine is bought with TL 120.000 in the case of that its price are going to
be paid after 1 year. When annual interest rate is 11%, please find the cash
price of this machine. If a customer offer TL 105.000 as a cash for this machine
price, does the seller accept this customer offer?

2) An electronic company sells a computer with TL 3200 as a cash. For this

computer, the company offers second payment option. In this option, there is a
single payment at the end of 10 months and this payment is TL3500. For second
option, please find interest rate applied by the seller. In the case of 1% monthly
interest rate, does a customer accept this payment option?
3) An investor buys 300 gr gold when unit price of gold is 127 TL/gr. The monthly
average of the price increase within the last one year is determined by 1.55%.
In the case of that the same price increase rate is expected for the next two
years, please calculate investment amount of this investor at end of 2th year.

4) A company bought a device 5 years ago. This company has determined that
the price raise of this device is the same with inflation rate. For the last 5 years,
average of annual inflation rate is 8.1%. In this condition, please find present
price of this device. In addition to this, when the expectation of annual inflation
rate is 7% for the next 10 years, please predict the price of this device at the
end of 10th year.
Uniform Series
1) A person takes TL 30.000 loan from a bank in order to buy a vehicle. This vehicle
loan must be paid back within 2 years with 12% annual interest rate
compounded monthly . Please find monthly equal payments.

2) A machine is bought with 15 equal instalments. Amount of each installment is

TL 2000 and period of each payment is 2 months. When annual interest rate is
13%, please calculate the cash price of this machine.
3) Please calculate Present and Future Worth of the cash flow diagram given
below.

a) Present worth

b) Future Worth
4) Please convert the cash flow diagram given below into uniform series and
calculate the value of A?

5) A machine is sold TL22.000 by 1 cash installment and 10 equal monthly

installments. In case of that a customer asks seller to the cash price of this
machine, please determine the cash price of this machine without doing any
loss for the seller.
6) A construction company sells a residence with TL 400.000 as a cash price. This
company wants to prepare a new payment plan for 60 months. The detail of this
payment plan is given below. When monthly interest rate is 0.9%, please
determine cash flow of this new payment plan.

Payment Plan
1- part of cash in advance is 20 %
2- the amount of interim payments at the months of 20th and 40th are 15% of
cash price
3- part of remain should be paid with 60 equal installments
Arithmetic Gradient Series

1) A person deposits TL10.000 every year to a bank for the first 10 years. Then,
for the next 10 years, the amount deposited for each year increases TL 500.
Annual interest rate is considered as 13%. Please find the amount of money in
this bank account at the end of 20 years.
2) A debt payment plan is prepared as given below. Annual interest rate is 12%
compounded monthly. Please calculate present worth of this debt payment plan.
Payment plan:
a. There is no any payment for the first 4 months
b. Payment at the 5th month is TL1.000 and payments increases TL500
every month for the next 4 months.
c. The payments increase TL1.000 every month for the last 6 months
3) In a debt plan, every year TL 100.000 should be paid for the first 6 years. Then,
the payments at the each year should be increased with TL 50.000 for the rest
of years. Total time interval is 15 years and annual interest rate is 12%. In this
conditions,
a. Please draw cash flow diagram
b. Calculate present worth
c. Find future worth
4) Please convert the cash flow diagram given below into uniform series. Annual
interest rate is 12%.

5) A debt of TL 150.000 is taken by 11% annual interest rate. This debt will be paid
back in 20 years. In the debt payment plan, there is no any payment for the first
two years. After that, equal payments for the next 10 years. For the rest of the
payment years, the payments at the each year decreases TL1.000. Please
prepare cash flow diagram of the debt payment plan by calculating the relevant
parameters.
 Geometric Gradient Series

1) An engineer has started a new job with TL 4.000 monthly salary. According to
the contract, for the first year, the amount of the salary will be constant. After
first year, for next each six month, his salary will be increased by 6 %. Annual
interest rate is given as 11%. Please find the salary amount of this engineer at
end of 5th year. Additionally, calculate present worth of total salary amount within
5 years.
2) Net profit of a company is expected as TL 500.000 for the first year. For the next
years, the amount of net profit is predicted to decrease by 5%. Annual interest
rate is 13%. In this conditions, please calculate present and future worth of net
profit that can be obtained in 15 years.
3) Please calculate future worth of the cash flow diagram given below: