Which of the following is a simple annuity?
What does “term of annuity” refer to?
Which financial situation involves a simple annuity?
What does annuity mean?
An annuity with payments every 6 months but compounded monthly is:
Which formula converts a simple annuity to an equivalent simple annuity?
What is the purpose of finding the equivalent rate?Which of the following best describes simple interest?
What is the simple interest on ₱10,000 at 6% per year for 2 years?
If ₱5,000 earns ₱750 interest in 3 years, what is the annual rate?
Which variable in the simple interest formula represents “rate per year”?
Which investment plan provides greater return if both last for 4 years?
Plan A: 7% compounded annually
Plan B: 6.5% compounded quarterly
A company deposits ₱20,000 every quarter for 6 years at 6% compounded quarterly. Find the total accumulation.
An investor wants ₱100,000 in 5 years. How much must be invested today at 8% compounded quarterly?
A retiree wants to receive ₱15,000 monthly for 10 years from a fund earning 10% compounded monthly. What
should be the present value?
Suppose you must choose between:
Option A: ₱100,000 now;
Option B: ₱30,000 annually for 4 years at 5%.
Which is better?
A student creates a personal savings plan depositing ₱2,000 every month for 3 years in a 4% account compounded
monthly. Which step correctly finds the final savings amount?
A depositor lent ₱12,000 at 5% for 9 months. How much will he receive at maturity?
Which of the following is TRUE about compound interest?
What is the compound amount of ₱10,000 at 5% compounded annually for 2 years?
How much interest is earned from ₱15,000 at 8% compounded annually for 3 years?
A principal of ₱20,000 earns ₱2,522.88 after 2 years compounded annually. What is the rate?
Which situation is best solved by using compound interest?
What does “quarterly compounding” mean?
A ₱10,000 deposit earns 6% compounded quarterly for 1 year. The amount is:
How does increasing compounding frequency affect the total amount?
If ₱5,000 grows to ₱5,101.25 in 6 months at 4% compounded quarterly, what is the interest?
Which factor is divided by the number of compounding periods in a year?What formula finds the rate in simple interest?
Sikhay, Senior High!
₱10,000 earns ₱1,200 in 3 years. What is the rate?
At 8% annual rate, how long will it take for ₱5,000 to earn ₱800?
Which variable represents time in years?
In a loan problem, which is the best step before solving for rate or time?
An annuity is a sequence of:
A person pays ₱2,000 monthly for 3 years at 6%. How many payments are made?
₱8,000 compounded monthly for 3 years grows to ₱9,530.40. What is the effective annual rate?
Which of the following statements best explains the relationship between compounding frequency and interest earned?
In which situation is an annuity due more advantageous than an ordinary annuity?
A borrower pays ₱10,000 quarterly for 2 years at 8% compounded quarterly. What is the future value?
A bank offers 6% compounded annually while another offers 5.8% compounded quarterly. Which yields more after 5
years?
A businessman invested ₱50,000 in a scheme that earns 8% compounded semiannually. How much will it grow in
3 years?
A ₱10,000 debt is to be paid by equal annual payments of ₱2,000 at 10% interest. After how many years will it be
fully paid?
Which best illustrates a deferred annuity in real life?
What best describes a simple annuity?
A simple annuity means payments start:
Which factor increases with a longer simple annuity period?
What does “amortization” mean?
In a deferred annuity, interest accumulates during:
Which real-life example shows deferred annuity?
A person deposits ₱5,000 annually in a fund earning 6% for 5 years. What is the future value?
Sikhay, Senior High!