When an amount is compounded quarterly its interest is calculated
every _ months.
Compounding Interest and Present Value
Quiz
•
Mathematics
•
University
•
Medium
Kathleen Macabuhay
Used 7+ times
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6 questions
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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
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