Q2W3 : ANNUITY

The process of loan repayment by installment payments is classified as _________.

• Amortizing a Loan

• Depreciation of Loan

• Appreciation of Loan

• Appreciation of Investment

This is the formula used in annuity for the calculation of ________.

• Future Value of Annuity

• Present Value of Annuity

• Simple Interest

• Compound Interest

An Ordinary Annuity assumes __________ of period payments while an Annuity Due Assumes ________ of period payments.

• Beginning, Later Date

• End, Beginning

• Beginning, End

• Later Date, End

It is a series of equal payments at regular intervals.

• Interest

• Logic

• Annuity

• Proposition

Ordinary annuity is paid or received at the _______ of the time periods.

• Beginning

• Middle

• End

• Annual

Annuity Due is an annuity that is paid or received at the ____________ of the time period

• Beginning

• Middle

• End

• Annual

The term used for an annuity in which the number of compounding periods per year coincides with the number of annuity payments per year.

• Simple

• General

• Compound

• Regular

Determine the present value on July 7 of P6,800 paid at the end of each subsequent calendar quarter for 7 years if money is worth 6% compounded quarterly. What is the type of annuity in the given?

• Simple

• General

• Deferred

• Perpetuity

Eli has decided to make semiannual payments P7,800 at the end of every 6 months for 8 years into an investment that he thinks will yield 7% compounded semiannually. What type of Annuity is applied?

• Simple

• General

• Deferred

• Perpetuity

What type of annuity is described in the given?

 

If P2,000 is invested at the end of every year at 8% compounded semiannually, what will be the total value of the periodic investments after 20 years?

• Simple

• General

• Deferred

• Perpetuity