Match the Formula to the Equation Ch. 5
Authored by Liquid Gummy
Mathematics
University
CCSS covered
Used 4+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Name this formula
Amortization Payments
Remaining Balance
FV of continuous interest formula
Effective Interest Rate
Answer explanation
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Name this formula
Effective interest rate
PV of ordinary annuity
Remaining balance
Amortization Payments
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Future Value of an Ordinary Annuity
Amortization
Payments
Future value of Payments Due
Future Value of Annuity Due
Answer explanation
An annuity due is a series of equal payments made at the beginning of each period.
Because payments are made at the beginning of each period in an annuity due, they have one extra compounding period compared to an ordinary annuity.
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
PV of Ordinary Annuity Fomula?
True
False
Tags
CCSS.HSF.BF.A.2
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Future Value of Continuous Compound Interest?
True
False
Answer explanation
This is the Future Value of Ordinary Annuity formula
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Effective Interest Rate Formula?
True
False
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Name this formula
FV of I (simple interest)
FV of continuous compound interest
FV of ordinary annuity
PV of ordinary annuity
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