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

QUIZ FOR PIZZA

Quiz
•
Mathematics
•
11th Grade
•
Hard
Amor Gutierrez
Used 4+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
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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