tineee
Quiz
•
Mathematics
•
University
•
Practice Problem
•
Hard
Cristine Valdez
Used 1+ times
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. Alex wants to save ₱2,000,000 in 6 years and 3 months. If the bank’s interest rate is 10% compounded semi-annually, how much should he deposit today?
₱84,090,670.55
₱10,863,835.356
₱2,544,524.05
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. Jenna wants ₱800,000 in 4 years and 6 months. The bank offers an interest rate of 8% compounded quarterly. How much should she deposit now?
₱563,987.99
₱560,127.5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Accumulate ₱50,000 for 6 years and 5 months at 9% compounded continuously.
Accumulate ₱50,000 for 6 years and 5 months at 9% compounded continuously.
₱15,450.25
₱40,654.58
₱25,090.78
₱63,094.77
₱89078.95
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. Find the present value of ₱150,000 due in 5 years and 8 months if the interest rate is 7.5% compounded continuously.
₱98,065.47
₱95,078.59
₱16,875.94
76.984,09
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5.. Accumulate ₱75,000 for 10 years and 2 months at 12% interest compounded continuously.
₱254,039.08
₱16,987.87
₱350,990.00
₱104,876.88
₱156,789.10
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