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Cash Flow Chronicles

Authored by Victoria Aducal

Mathematics

11th Grade

Used 1+ times

Cash Flow Chronicles
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5 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 10 pts

Emily plans to save PHP 10,000 at the end of each year in an account that earns an annual interest rate of 4%. How much will she have accumulated in her account after 5 years?

PHP 54,136.28

PHP 54,163.82

PHP 54,136,32

PHP 54,163.23

2.

MULTIPLE CHOICE QUESTION

2 mins • 10 pts

David wants to receive PHP 20,000 at the end of each year for 4 years. If the annual discount rate is 5%, what is the amount he would need to invest today to achieve this goal?

PHP 70,919.10

PHP 70,919.01

PHP 70,191.10

PHP 70,191.01

3.

MULTIPLE CHOICE QUESTION

2 mins • 10 pts

Michael contributes PHP 12,000 at the end of each month to a retirement account that offers a monthly interest rate of 6%. How much money will he have in his account after 3 years?

PHP 472,033.26

PHP 472,030.26

PHP 462,330.26

PHP 472,003.26

4.

MULTIPLE CHOICE QUESTION

2 mins • 10 pts

Jessica expects to receive PHP 25,000 at the end of each month for 2 years. If the monthly discount rate is 1%, how much would she need to invest today to receive these payments?

PHP 593,749.89

PHP 593,794.89

PHP 593,794.86

PHP 593,947.89

5.

MULTIPLE CHOICE QUESTION

2 mins • 10 pts

Sophia decides to invest PHP 15,000 at the end of each year for 10 years in a fund that returns 5% annually. What will be the total amount in her investment account after the full period?

PHP 188,868.39

PHP 188,668.39

PHP 188,686.39

PHP 188,886.39

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