What I Know (Deferred Annuity)

A credit card company offers a deferred payment option for the purchase of any appliance. Rose plans to buy a smart television set with monthly payment of ₱ 4,000.00 for two years. The payment will start at the end of 3 months. If it is 10% compounded monthly, what is the period of deferral?

• 1

• 2

• 3

• 4

A credit card company offers a deferred payment option for the purchase of any appliance. Rose plans to buy a smart television set with monthly payment of ₱ 4,000.00 for two years. The payment will start at the end of 3 months. If it is 10% compounded monthly, what are the actual payments?

• 2

• 4

• 24

• 26

A credit card company offers a deferred payment option for the purchase of any appliance. Rose plans to buy a smart television set with monthly payment of ₱ 4,000.00 for two years. The payment will start at the end of 3 months. If it is 10% compounded monthly, what is the present value?

• ₱ 30,519.20

• ₱ 78,716.74

• ₱ 143,519.84

• ₱ 85,260.53

What is the period of deferral if monthly payment of ₱ 2,000.00 for 8 years will start 6 months from now?

• 4

• 5

• 6

• 9

It is an annuity that does not begin until a given time interval has passed.

• Simple Annuity

• General Annuity

• Deferred Annuity

• Contingent Annuity

A new businessman debt is to be paid by regular payments of ₱ 25,000.00 paid at the end of every 3 months for 8 years for his products. The first payment will be done after 3 years. How may periods of deferral are there?

• 5

• 7

• 11

• 12

A father decided to buy lot only as debt is to be paid by regular payments of ₱ 3500.00 paid at the end of every 2 months for 5 years. The first payment is due at the end of one year. How many periods of deferral are there?

• 2

• 5

• 10

• 12

Find the present value of a deferred annuity of ₱ 30,000.00 at the end of every year for 10 years. The first payment of a mother will be done at the end of the second year, and the money is compounded at 3% annually.

• ₱ 244,354.12

• ₱ 248,452.51

• ₱ 278,520.14

• ₱ 291,245.18

What is the period of deferral if semi-annual payments of ₱ 12,000.00 for 10 years that will start 5 years from now?

• 5

• 9

• 10

• 11

Mariel purchased a smart television set through the credit cooperative of their company. The cooperative provides an option for a deferred payment. Mariel decided to pay after 2 months of purchase. Her monthly payment is computed at ₱ 3,800.00 payable in 12 months. If the interest rate is 12% convertible monthly, what is the period of deferral?

• 1

• 2

• 3

• 12