Font size
Worksheetsewan
Total questions: 40
Worksheet time: 40mins
the system that includes the flow of money, the granting of credit, making of investment, and the provision of banking facilities
(a)
is calculated by multiplying the principal by the rate of interest by the number of payment periods in a year
(a)
amount paid for the use of another amount of money,
(a)
ls the base in which interest is computed
(a)
is the unit of time for which the principal is loaned, or the length of time the principal is borrowed.
(a)
is the multiplier expressed as percent of the principal to be paid each term
(a)
it is the sum of the principal and the interest that accumulates over the agreed term
(a)
concept that state an amount of money today is worth more than that same amount in the future
(a)
instead of months or years, short-term bank loans have terms stated in days
(a)
the day after the date of the loan is day 1, and so on
(a)
based on a 360-day year
(a)
based on a 365-day year
(a)
it is the addition of interest to the principal sum of a loan or deposit
(a)
Interest can be compounded more frequently than once a year
(a)
1 Period
(a)
2 Periods
(a)
4 Periods
(a)
12 Periods
(a)
series of payments required to be made or received over time at regular intervals.
(a)
the time between successive payments
(a)
number of times of successive payments
(a)
the amount of each payment
(a)
sum of the future values of all payments to be made
(a)
loan/invested to be made
(a)
2 types of annuity certain
(a)
payment interval is the same as the interest period
(a)
payments are made at the end of each payment interval
(a)
payments are made at the beginning of each payment interval
(a)
periodic payment is not made at the beginning nor at the end of the payment interval, but some later date
(a)
payment interval is not the same as the interest period
(a)
first payment is made at the end of every payment interval
(a)
first payment is made at the beginning of every payment interval
(a)
series of periodic payments which are to run infinitely or forever
(a)
2 types of according to duration
(a)
payments begin and end at definite times
(a)
payments extend over an indefinite or indeterminate length of time
(a)
total accumulation of the payments and interest earned
(a)
the principal that must be invested today to provide the regular payments of an annuity
(a)
time between the purchase of an annuity and the start of the payments for deferred annuity.
(a)
huwag kalimutan peso sign at .00
lagay mo 'noted'
(a)
