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Simple Annuity Due

Authored by Jose Jr.

Mathematics

KG

CCSS covered

Used 53+ times

Simple Annuity Due
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a series of equal payments at regular intervals.

Interest

Annuity

Logic

Proposition

Tags

CCSS.HSA.SSE.B.4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

beginning

end

middle

quarter

Tags

CCSS.HSA.SSE.B.4

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

end

beginning

middle

quarter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another term used for Future Value of an Annuity which is the sum of the compound amount of all payments, compounded to the end of term

Maturity Value

Expanded

Complicated Value

Present Value

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Kristoff is investing for an educational plan for his son. He deposits every end of the month a regular payment of P5,000 with with an interest rate of 6% compounded monthly for 7 years.

What is the value of P?

6

0.06

7

5,000

Tags

CCSS.HSF.BF.A.2

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

If an simple annuity account has a regular payment of P6,000 with a quarterly compounding interest of 3%, how many times will you regularly pay it each year for 7 years?

1

2

4

cannot be determined

Tags

CCSS.HSF.BF.A.2

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is the type of annuity in which payments are made at the beginning of each payment interval.

Ordinary Annuity

Annuity Certain

Annuity Due

Contingent Annuity

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