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  • Worksheet On Simple Annuity General Directions: Read Each Problem Carefully and Answer It Systematically

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    Ian Ray Mondido
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    Peter deposits 5,000 monthly into a fund paying 1% interest compounded monthly. After 8 months the amount in the fund will be (answer). Ann's parents need to prepare money to pay 30,000 semi-annually for 5 years for a house with 6% annual interest. The amount they need is (answer). This worksheet provides problems and exercises on simple annuity calculations for students at Aureliana National High School.

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    Peter deposits 5,000 monthly into a fund paying 1% interest compounded monthly. After 8 months the amount in the fund will be (answer). Ann's parents need to prepare money to pay 30,000 semi-annually for 5 years for a house with 6% annual interest. The amount they need is (answer). This worksheet provides problems and exercises on simple annuity calculations for students at Aureliana National High School.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    19 views2 pages

    Worksheet On Simple Annuity General Directions: Read Each Problem Carefully and Answer It Systematically

    Uploaded by

    Ian Ray Mondido
    Peter deposits 5,000 monthly into a fund paying 1% interest compounded monthly. After 8 months the amount in the fund will be (answer). Ann's parents need to prepare money to pay 30,000 semi-annually for 5 years for a house with 6% annual interest. The amount they need is (answer). This worksheet provides problems and exercises on simple annuity calculations for students at Aureliana National High School.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    DEPARTMENT OF EDUCATION

    DIVISION OF ANTIQUE
    AURELIANA NATIONAL HIGH SCHOOL
    AURELIANA, PATNONGON, ANTIQUE

    WORKSHEET ON SIMPLE ANNUITY

    General Directions: Read each problem carefully and answer it systematically.


    Show your complete solution and encircle your final answer.

    Exercise 2: Study and illustrate the cash flow time diagram of the
    annuity being referred to by the following problem:
    a. Peter started to deposit ₱5,000 monthly in a fund that pays 1%
    compounded monthly. How much will be in the fund after 8 months?

    b. Ann’s parents are planning for a house lease agreement. How much
    money will they prepare in a house that has 6% interest rate
    compounded annually in order to pay ₱30,000 semi-annually for 5
    years?
    DEPARTMENT OF EDUCATION
    DIVISION OF ANTIQUE
    AURELIANA NATIONAL HIGH SCHOOL
    AURELIANA, PATNONGON, ANTIQUE

    Answer Keys

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