GEN MATH_ANNUITIES

GEN MATH_ANNUITIES

11th Grade

14 Qs

quiz-placeholder

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GEN MATH_ANNUITIES

GEN MATH_ANNUITIES

Assessment

Quiz

Mathematics

11th Grade

Hard

Created by

Tin Batas

Used 5+ times

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is a series of equal payments made at regular intervals over a predefined period of time.

Compound Interest

Annuity

Simple Interest

Future Value

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is a series of equal cash payments made at the start of a regular interval over a pre-defined period of time.

General Annuity

Ordinary Annuity

Annuity Due

Deferred Annuity

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is an annuity in which the interest conversion or compounding period is unequal or not the same as the                                             payment interval.

Simple Annuity

Simple Interest

General Annuity

Uncertain Annuity

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is a type of annuity in which the periodic payment is made at the end of each payment interval.

Annuity Due

Deferred Annuity

General Annuity

Ordinary Annuity

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is a type of annuity in which the first payment does not coincide with the first interest period.  


Annuity Due

Ordinary Annuity

Deferred Annuity

General Annuity

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Maria deposits Ph10,000 every quarter in a savings account that pays 5% compounded quarterly. Assuming she does not withdraw any amount, how much would she have in her account at the end of 5 years?

Annuity Due

Ordinary Annuity

Deferred Annuity

General Annuity

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Find the future amount of an annuity of Php5,000 at the end of each month for 5 years 4% compounded quarterly.

Annuity Due

Ordinary Annuity

Deferred Annuity

General Annuity

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