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  • Q-2 W-3 Questions

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    This document provides 4 mathematics questions of varying difficulty levels related to annuities, interest rates, compound interest and investments. Question 1 asks about different types of annuities. Question 2 asks about the number of compounding periods in a year for an account earning 9% interest compounded quarterly. Question 3 asks how much will be in a fund after 6 years with quarterly deposits of ₱2,000 earning 5.5% compounded quarterly. Question 4 asks for the interest rate per period for an investment of ₱65,000 at 8% compounded quarterly over 5 years.

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    This document provides 4 mathematics questions of varying difficulty levels related to annuities, interest rates, compound interest and investments. Question 1 asks about different types of annuities. Question 2 asks about the number of compounding periods in a year for an account earning 9% interest compounded quarterly. Question 3 asks how much will be in a fund after 6 years with quarterly deposits of ₱2,000 earning 5.5% compounded quarterly. Question 4 asks for the interest rate per period for an investment of ₱65,000 at 8% compounded quarterly over 5 years.

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    © All Rights Reserved
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    155 views1 page

    Q-2 W-3 Questions

    Uploaded by

    aiza
    This document provides 4 mathematics questions of varying difficulty levels related to annuities, interest rates, compound interest and investments. Question 1 asks about different types of annuities. Question 2 asks about the number of compounding periods in a year for an account earning 9% interest compounded quarterly. Question 3 asks how much will be in a fund after 6 years with quarterly deposits of ₱2,000 earning 5.5% compounded quarterly. Question 4 asks for the interest rate per period for an investment of ₱65,000 at 8% compounded quarterly over 5 years.

    Copyright:

    © All Rights Reserved
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    of 1

    General Mathematics

    WEEK 3
    Easy
    1. An annuity in which interest conversion or compounding period is equal or the same as the
    payment interval.
    a. Ordinary annuity b. Annuity due c. Simple Annuity d. General annuity

    Average
    2. Rico deposits ₱ 50,000 in a savings account and leaves it there for 6 years to accumulate
    interest at 9% compounded quarterly. What is the value of the number of conversions per
    year m?
    a. 1 b.2 c. 3 d. 4

    Difficult
    3. Aling Paring started to deposit ₱ 2,000 quarterly in a fund that pays 5.5% compounded
    quarterly. How much will be in the fund after 6 years?
    Answer: F=56, 413.75
    Clincher
    4. ₱ 65,000 is invested for 5 years at 8% compounded quarterly. What is the value of the
    interest rate per period j?
    Answer: 0.02

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