September 14,2021 D_Erclamado Favorite animal pet:_Cot Name: ” 1. Multiple Choice. Highlight the letter of the best answer. Write the correct answer if none of the choices is correct. {20 pts) +L. Which annuity Is payable for a definite duration not dependent on some outside contingency. pcordivaryannuty —B.contngantannulyC.sinple sity PSR 2. Which of the following is an example of contingency annuity? ‘A. annual payments of a car loan 8B. monthly payment made in purchasing a house C. monthly payment of cellphone bi 3, Whats the present value of an ordinary annuity formed by pay ‘worth 12% compounded annually? .P25.937.42 ¢.P175.487.35 —-(DYPS6 50223) sying P10 000 every year for 10 years if money is A. P69 739.86 See sent Pe phew prine 000 ten end of actA months for SO mam, Wt he Sm ofthe annuity? GRYEEMD c.r0years 0.35 years A. 60 years. 5. If sumyteorwed ry saeence of equlpayrmasota cathe end of ez meni tes Yes ag 5. Han ant the value of m? na oe cus D.20