
GEN MATH_ANNUITIES

Quiz
•
Mathematics
•
11th Grade
•
Hard
Tin Batas
Used 5+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
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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