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QUIZ FOR PIZZA

Authored by Amor Gutierrez

Mathematics

11th Grade

Used 4+ times

QUIZ FOR PIZZA
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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the frequency of conversion(m)  of a deposit in a bank at  2% compounded quarterly?

1

2

4

12

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the nominal rate (im)  of a deposit in a bank at  4% compounded semi-annually?

4

1

o.4

o.04

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. Guiab invested P150,000 at 10% compounded semi-annually. He plans to get this amount after 6 years for his son’s college education. What is the value of j?

10

5

0.10

0.05

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following statements best describes Annuity?

a.       General Annuity is an annuity where the payment interval is not the same as the interest period

a.       General Annuity is an annuity where the payment interval is the same as the interest period

a.       Simple Annuity is an annuity where the payment interval is not the same as the interest period

a.       Simple Annuity is an annuity where the payment interval is always different from the interest period

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following term refers to the sequence of payments made at equal(fixed) intervals or periods of time?

Stocks

 Bonds

 Interest

Annuity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term about economic value of a cash flow on a particular date refers to a single amount that is equivalent to the value of the payment stream at that date?

Cash flow

Interest

Focal Date

Fair market value

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term refers to the payment received or payment made?

Interest

Fair market value

Cash flow       

Focal Date      

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