REVIEW BEFORE SIMPLE ANNUITY AND LETS TRY

What is the full name of your teacher in General Mathematics?

• John Romar D. Sy

• R Mhar Sy

• Rosinante Mari R. Sy

• Romar R. Sy

Lucy borrowed an amount at 8% simple interest for 5 years. If she is asked to pay ₱ 35,000.00 at the end of the term, what do you call the ₱ 35,000.00?

• Maturity value

• Interest

• Principal

• Time

Tags

CCSS.HSF.BF.A.2

Lourdes wants to save money to buy the school supplies for the coming school year, so she sells products online. Suppose she earn ₱2,500.00 and deposit it into an account that earns simple interest of 3%. How much is her money after 5 months?

• ₱ 31.25

• ₱ 2,531.25

• ₱ 2,375

• ₱ 11.25

Tags

CCSS.HSF.BF.A.2

Renzo borrowed ₱ 4,000 for 5 years at 6% simple interest rate. How much interest he needs to pay?

• ₱ 800.00

• ₱ 1000.00

• ₱ 1,200.00

• ₱ 1,500.00

Tags

CCSS.HSF.BF.A.2

If P = ₱50, 000.00; r = 15% compounded annually and t = 10 years, then what is the compound interest?

• ₱ 252,277.89

• ₱ 202,277.89

• ₱ 152,277.89

• ₱ 102,277.89

Gillian deposited an amount of ₱ 80,000.00 at 6% compounded semi-annually for 8 years. If she has a compound amount of ₱ 128,376.52, how much does she gain after 8 years?

• ₱ 48, 376.52

• ₱ 84, 400.52

• ₱ 176,753.04

• ₱ 208,376.52

Cris started to deposit P1,000 monthly in a fund that pays 6% compounded quarterly.

• Simple Annuity

• General Annuity

Grace borrowed ₱150,000 payable in 2 years. To repay the loan, she must pay an amount every month with an interest rate of 6% compounded monthly.

• Simple Annuity

• General Annuity

In order to save for her high school graduation. Marie decided to save P200 at the end of each month. If the bank pays 0.25% compounded monthly, how much will her money be at the end of 6 years?

• P 14,507.02

• P 14,507.88

• P 966,888.83

• P 974,522.38

Ken borrowed an amount of money from Kat. He agrees to pay the principal plus interest by paying P38,973.76 each year for 3 years. How much money did he borrow if interest is 8% compounded annually?

• P 50,439.16

• P 100,439.16

• P 150,439.16

• P 200,439.16

Tags

CCSS.HSF.BF.A.2