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- 1. Multiple Choice
It is a series of equal payments at regular intervals.
Interest
Annuity
Logic
Proposition
- 2. Multiple Choice
Ordinary annuity is paid or received at the _______ of the time periods.
beginning
end
middle
quarter
- 3. Multiple Choice
Annuity Due is an annuity that is paid or received at the ____________ of the time period
end
beginning
middle
quarter
- 4. Multiple Choice
The term used for an annuity in which the number of compounding periods per year coincides with the number of annuity payments per year.
Simple
Regular
General
Value
- 5. Multiple Choice
It is an annuity in which the annuity payments and compounding periods do not coincide.
Simple
General
Regular
Compound
- 6. Multiple Choice
Another term used for Future Value of an Annuity which is the sum of the compound amount of all payments, compounded to the end of term
Maturity Value
Expanded
Complicated Value
Present Value
- 7. Multiple Choice
Determine the present value on July 7 of P6,800 paid at the end of each subsequent calendar quarter for 7 years if money is worth 6% compounded quarterly. What is the type of annuity in the given?
Simple
General
Deferred
- 8. Multiple Choice
Eli has decided to make semiannually payments P7,800 at the end of every 6 months for 8 years into an investment that he thinks will yield 7% compounded semiannually. What lump sum deposited today will result to the same future value?
TYPE OF ANNUITY?
Simple
General
Deferred
- 9. Multiple Choice
What type of annuity is described in the given?
If P2,000 is invested at the end of every year at 8% compounded semiannually, what will be the total value of the periodic investments after 20 years?
Simple
General
Deferred
- 10. Multiple Choice
What is the type of annuity in the given problem?
What is the future value of an annuity of P48,000 per annum, for 5 years, at 15% interest compounded monthly?
Simple
General
Deferred
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