GEN MATH_ANNUITIES

It is a series of equal payments made at regular intervals over a predefined period of time.

• Compound Interest

• Annuity

• Simple Interest

• Future Value

It is a series of equal cash payments made at the start of a regular interval over a pre-defined period of time.

• General Annuity

• Ordinary Annuity

• Annuity Due

• Deferred Annuity

It is an annuity in which the interest conversion or compounding period is unequal or not the same as the                                             payment interval.

• Simple Annuity

• Simple Interest

• General Annuity

• Uncertain Annuity

It is a type of annuity in which the periodic payment is made at the end of each payment interval.

• Annuity Due

• Deferred Annuity

• General Annuity

• Ordinary Annuity

It is a type of annuity in which the first payment does not coincide with the first interest period.  

• Annuity Due

• Ordinary Annuity

• Deferred Annuity

• General Annuity

Maria deposits Ph10,000 every quarter in a savings account that pays 5% compounded quarterly. Assuming she does not withdraw any amount, how much would she have in her account at the end of 5 years?

• Annuity Due

• Ordinary Annuity

• Deferred Annuity

• General Annuity

Find the future amount of an annuity of Php5,000 at the end of each month for 5 years 4% compounded quarterly.

• Annuity Due

• Ordinary Annuity

• Deferred Annuity

• General Annuity

Harry borrowed Php2,000,000 with interest at 14% compounded quarterly. He will repay this debt through 10 equal quarterly payments, the first of which is due at the end of 2 years and 6 months. How much is the quarterly payment?

• Annuity Due

• Ordinary Annuity

• Deferred Annuity

• General Annuity

Taylor is planning her retirement and she wants to retire at 70. She's hoping to live until 95 and make Php25,000 a month from an account compounding quarterly at 12.5%. She is currently 27 and she's going to deposit Php15,000 at the beginning of each quarter.

• Annuity Due

• Ordinary Annuity

• Deferred Annuity

• General Annuity

A lot is sold for Php1,500,000 down payment and then six semi-annual payments of Php200,000; the first is due in 2 years time. Find the cash value of the lot today if money is worth 15% compounded quarterly. 

• Annuity Due

• Ordinary Annuity

• Deferred Annuity

• General Annuity