Finastra Assessment Test Finastra Math Assessment 2

Question 1

A bank's loan portfolio grew from $4.2 million to $5.46 million. What is the percentage increase?

Accepted Answer

30%

Answer

Percentage increase = (5.46 - 4.2) / 4.2 × 100 = 1.26 / 4.2 × 100 = 30%.

Question 2

An investment compounds annually at 6% for 2 years. What is the compound interest earned on a $10,000 principal?

Accepted Answer

$1,236

Answer

A = 10,000 × (1.06)² = 10,000 × 1.1236 = $11,236, so interest = $1,236.

Question 3

A financial analyst needs to split $75,000 in profits among three partners in the ratio 2:3:5. How much does the partner with the largest share receive?

Accepted Answer

$37,500

Answer

Total parts = 10; largest share = 5/10 × $75,000 = $37,500.

Question 4

A treasury bond pays $450 interest on a $9,000 face value. What is the yield as a percentage?

Accepted Answer

5%

Answer

Yield = 450 / 9,000 × 100 = 5%.

Question 5

If a stock's P/E ratio is 25 and its earnings per share is $4, what is the stock price?

Accepted Answer

$100

Answer

Stock price = P/E ratio × EPS = 25 × $4 = $100.

Finastra Assessment Test Practice Test

Finastra Assessment Test Practice Test

Finastra Assessment Test Finastra Math Assessment 2