Compounding Interest and Present Value

Compounding Interest and Present Value

University

6 Qs

quiz-placeholder

Similar activities

[MAT112: 3 Compund Interest]

[MAT112: 3 Compund Interest]

University

10 Qs

Simple Interest

Simple Interest

University

10 Qs

Simple Discount and Promissory Notes

Simple Discount and Promissory Notes

University

10 Qs

Future Value and Interest Rate Comparison Quiz

Future Value and Interest Rate Comparison Quiz

8th Grade - University

10 Qs

Mastering Compound Interest & Exponential Growth Challenges

Mastering Compound Interest & Exponential Growth Challenges

8th Grade - University

10 Qs

EEPM Quiz 03 iNTEREST

EEPM Quiz 03 iNTEREST

University

10 Qs

Exponential Equation and Compound Interest

Exponential Equation and Compound Interest

11th Grade - University

10 Qs

Exploring Exponential Growth & Decay in Real Life

Exploring Exponential Growth & Decay in Real Life

10th Grade - University

10 Qs

Compounding Interest and Present Value

Compounding Interest and Present Value

Assessment

Quiz

Mathematics

University

Medium

Created by

Kathleen Macabuhay

Used 7+ times

FREE Resource

6 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

When an amount is compounded quarterly its interest is calculated

every _ months.

2.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

Mang Kanor invested PhP 50,000 in the bank. He wants to know how much will be his total money in 5 years if the bank is offering a 7% compounding interest annually.

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

If you compound PhP 10,267.00 for 5 years at 6% quarterly, how many number of periods will there be?

Compute for the number of periods.

Answer explanation

N = 5 years x 4 (quarterly)

N = 20 periods

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of a current asset at a future date based on an assumed rate of growth.

Maturity Value

Future Value

Interest

Present Value

5.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

How much would you have to deposit today to have Php 10,000 in 5 years at 6% interested discounted quarterly?

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Number period

Rate

Present Value

Comounding Interest