3rd Summative Test

This refers to a sequence of equal periodic payments made at regular intervals.

• annuity

• simple interest

• compound interest

• annuity certain

Tags

CCSS.HSA.SSE.B.4

It is an annuity whose payment is the same as the conversion period.

• annuity certain

• annuity uncertain

• simple annuity

• general annuity

It is an annuity which payment interval and interest period do not coincide.

• annuity certain

• annuity uncertain

• simple annuity

• general annuity

It is the time from the beginning of the first payment interval until the last payment interval.

• Payment Interval

• Term

• Periodic Payment

• Payment

Tags

CCSS.HSA.SSE.B.4

An annuity that has 16% interest rate compounded quarterly and payment of PHP 2,500 at the end of each three months.

• Annuity Due

• General Annuity

• Ordinary Annuity

• Simple Annuity

Tags

CCSS.HSF.BF.A.2

An annuity that has 6% interest rate compounded semiannually and payment of PHP 5,000 at the end of each month.

• Annuity Due

• General Annuity

• Ordinary Annuity

• Simple Annuity

Patricia deposited PHP 1,000 at the end of each six months for 3 years. The interest rate of 15% is paid semi-annually. How much will the future value of the account be?

• PHP 9,862

• PHP 7,244

• PHP 3,230

• PHP 6,562

Tags

CCSS.HSF.BF.A.2

These are individuals who are part owners of the company.

• Brokers

• Stockholders

• Coupon

• Dividends

A document which verifies the number of shares of stocks they own.

• Stocks

• Bonds

• Stock Certificates

• Stock Market

It is the place where stocks can be bought and sold.

• Open Market

• Market Market

• Stock Market

• Market Value