TIME/TERM - It is the amount of time in years

the money is borrowed or invested.

REPAYMENT / MATURITY DATE - It is the date
on which the total amount borrowed with
interest is to be completely repaid.
LENDER/CREDITOR It refers to the person or
institution that invests the money or makes the
funds available.
PRINCIPAL - amount of money borrowed or
invested on the origin date.
MATURITY/FUTURE VALUE - amount after t
years that the lender receives from the borrower
on the maturity date.
ORIGIN/LOAN - the date on which money is
received by the borrower
INTEREST - It is the amount paid or earned for
the use of money
BORROWER/DEBTOR - refers to the person or
institution who owes money
COMPOUND INTEREST - It is the interest
computed on the principal and also on the
accumulated past interest.
RATE - percentage of the principal that will be
charged for a specified period of time.
SIMPLE INTEREST the interest that is computed
on the principal and remains constant
throughout the term.
Formula for SIMPLE INTEREST: Formula for COMPOUND INTEREST:
Is = Prt (compute the maturity or future value first)
To find the following: F = P(1+r)t
Principal amount: Ic = P – F
P = Is / rt In finding the present value:
Rate:
R = Is / Pt
Time:
T= Is = Pr Compounding More than a year:
Frequency of conversion (m) – number of
To find the maturity value conversion in 1 year
F = IS + P Conversion or Interest period – time between
successive conversion of interest
Total number of conversion periods (n) –
(frequency)(time)
Nominal rate ( im ) – annual rate of interest
Rate (j) of interest of each conversion periods

In finding present value : In finding future value:

F = P (1 +j)n - F -- Maturity
P -- Principal
J --

n -- mt
ANNUITY - It is a sequence of payments made at CASH VALUE
equal (fixed intervals or periods of time.

PERIODIC PAYEMENT

PERIODIC PAYMENT - Payment in an annuity

PAYMENT INTERVAL - Time between the
successive payments dates of an annuity
TERM OF ANNUITY (t) - Time between the first
payment interval and last payment interval
Fair market value is the price an asset would sell
for on the open market when certain conditions
are met
Cash flow is a term that refers to payments
received (cash inflows) or payments or deposits
made (cash outflows).
- It is also the amount of cash and cash-
equivalents being transferred into and out of the
business.
CASH INFLOWS
- Positive numbers
CASH OUTFLOWS
- Negative numbers

DEFFERED ANNUITY
It is an annuity that does not begin until a given
time interval has passed. It is a kind of annuity
whose payments (or deposits) starts in more
than one period from the present.
Reading Approach:
Teachers use reading approach as one
of the methods in teaching English.
This approach is one way of solving
students’ reading problems.
Skimming:
In skimming, the main idea of a text is
quickly identified. The goal is to read
shorter texts to extract accurate
detailed information. Skimming is
done at a speed three to four times
faster than regular reading. People
often skim when they have lots of
material to read in a limited amount of
time.
Scanning:
Scanning is quickly reading a text to
get the summary of it. It is a technique
wherein students search for keywords
or ideas. Scanning involves moving
eyes quickly down the page seeking
specific words and phrases.
Extensive reading:
Extensive Reading is an approach to
language learning, including foreign
language learning, by means of a large
amount of reading. The reader’s view
and review of unfamiliar words in a
specific context will allow the reader to
infer the word’s meaning, to learn
unknown words.
- Extensive Reading is sometimes
called Free Voluntary Reading.