General Mathematics 11 Reviewer

It is an annuity where the payment interval is the same as the interest period.

• General Annuity

• Simple Annuity

• Contingent annuity

• Annuity Certain

It is a sequence of payments made at equal (fixed) intervals or periods of time.

• Present Value of an annuity

• Annuity

• Future Value of an annuity

• Periodic Payment

The sum of future values of all the payments to be made during the entire term of annuity.

• Annuity

• Periodic Payment

• Present Value of an annuity

• Future Value of an annuity

The sum of all present values of all the payments to be made during the entire term of the annuity.

• Present Value of an annuity

• Future Value of an annuity

• Periodic Payment

• Time of an Annuity

It is a term that refers to payments received (cash inflow).

• General Ordinary Annuity

• Annuity Certain

• Cash Flow

• General Annuity

It refers to a single amount that is equivalent to the value of the payment stream that shall date.

• Future Value of a general annuity

• Present Value of a general annuity

• Fair market value

• Periodic Payment

What is the other term for fair market value?

• Cash flow

• Economic Value

• Present Value of a general annuity

• Future Value of a general annuity

Annual payments of P2,500 for 24 years that will start 12 years from now. What is the period of deferral in the deferred annuity?

• 10 periods

• 12 periods

• 11 periods

• 13 periods

This refers to the accumulated amount obtained by adding the principal and the compound interest.

• Present value

• Compound amount

• Simple interest

• Compound interest

Date on which the money borrowed or loaned is to be completely repaid.

• Origin date

• Maturity date

• Loan date

• Conversion period