Compounding Interest and Present Value

Compounding Interest and Present Value

University

6 Qs

quiz-placeholder

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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