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Q 1/50
Score 0
This refers to the combined amount of money paid beforehand and the original value of the periodic payments.
20
Future of Value a Compound Interest
Present Value of a Simple Ordinary Annuity
Cash Value
Downpayment
Q 2/50
Score 0
It refers to a single amount that is equivalent to the value of the payment stream at that date.
20
Fair market value
Economic value
Cash flow
Focal date
50 questions
Q.
This refers to the combined amount of money paid beforehand and the original value of the periodic payments.
1
20 sec
Q.
It refers to a single amount that is equivalent to the value of the payment stream at that date.
2
20 sec
Q.
This particular date is called
3
20 sec
Q.
What is the annuity that does not begin until a given time interval has passed?
4
20 sec
Q.
What is the time between the first payment interval and last payment interval?
5
20 sec
Q.
When solving for an equivalent rate, say j= (1.025)⁴ - 1, at least how many decimal places should be used?
6
20 sec
Q.
What is the annual interest rate that may be compounded more than once a year?
7
20 sec
Q.
It is the time between successive conversions of interest.
8
20 sec
Q.
It is the date on which money is received by the borrower.
9
20 sec
Q.
It is an annuity in which the payments extend over an indefinite (or indeterminate) length of time
10
20 sec
Q.
Find the period of deferral in the deferred annuity. - Payments of 5000 pesos every 4 months for 10 years that will start five years from now
11
120 sec
Q.
Find the period of deferral in the deferred annuity. - Monthly payments of 10,000 pesos for 8 years that will start 6 months from now
12
120 sec
Q.
Find the period of deferral in the deferred annuity. - At what simple interest rate per annum will 25,000 pesos accumulate to 33,000 pesos in 5 years?
13
120 sec
Q.
Find the period of deferral in the deferred annuity. - Angel deposited 20,000 pesos in a bank that pays 0.5% simple interest. How much will be her money after 6 years?
14
300 sec
Q.
Find the total amount due on a loan of 600 pesos at 16% interest at the end of 15 months.
15
300 sec
Q.
How long should Lorain invest the amount of 65,120.00 to earn an interest of 5,225.00 at 4 3/5 % simple interest?
16
300 sec
Q.
What is the formula for the present value P at compound interest?
17
30 sec
Q.
An amount of 1000.00 pesos is deposited in a bank paying an annual interest rate of 6.9%, compounded continuously. Find the balance after 4 years.
18
300 sec
Q.
The couple Penny and Leonard borrowed Php 500 000 from a Savings and Loan Association charging 9% compounded annually. How much will the couple pay if they intend to pay the maturity value in 4 years and 6 months from today?
19
300 sec
Q.
The couple Penny and Leonard borrowed Php 500 000 from a Savings and Loan Association charging 9% compounded annually. How much will the couple pay if they intend to pay the maturity value in 4 years and 6 months from today? How much is the interest?
20
300 sec
Q.
Ayra Marie is renting a condominium. She is paying 5000 pesos per month compounded monthly at 10% interest.
21
20 sec
Q.
Vincent is paying 17,500 pesos monthly for 20 years compounded semi-annually at a rate of 9%.
22
20 sec
Q.
Carl Adrian is paying a monthly rental of 3,500 pesos with a 3-year contract of 5% compounded monthly.
23
20 sec
Q.
Sean Asher bought a limousine to be paid 50,000 pesos monthly. The limousine loan has an 8% interest compounded quarterly.
24
20 sec
Q.
Ms. Guevara is paying 18,000 pesos monthly for 20 years compounded semi-annually at a rate of 3%.
25
20 sec
Q.
A sala set is for sale at 16,000 pesos in cash or on monthly installment of 2,950 pesos for 6 months at 12% compounded semi-annually. Find the value of n1.
26
120 sec
Q.
A sala set is for sale at 16,000 pesos in cash or on monthly installment of 2,950 pesos for 6 months at 12% compounded semi-annually. The computed i in 6 decimal places.
27
120 sec
Q.
A sala set is for sale at 16,000 pesos in cash or on monthly installment of 2,950 pesos for 6 months at 12% compounded semi-annually. The number of payments.
28
120 sec
Q.
A sala set is for sale at 16,000 pesos in cash or on monthly installment of 2,950 pesos for 6 months at 12% compounded semi-annually. The computed present value after 6 months.
29
120 sec
Q.
Suppose the payment of 2400 pesos made at the end of each month for five years in an account that pays 8.5% compounded monthly. The number of payments.
30
120 sec
Q.
Suppose the payment of 2400 pesos made at the end of each month for five years in an account that pays 8.5% compounded monthly. The computed i?
31
120 sec
Q.
Suppose the payment of 2400 pesos made at the end of each month for five years in an account that pays 8.5% compounded monthly. The computed present value?
32
120 sec
Q.
Suppose the payment of 2400 pesos made at the end of each month for five years in an account that pays 8.5% compounded monthly. The computed future value?
33
120 sec
Q.
In a deferred annuity, k is the number of conversion periods in the deferral
34
20 sec
Q.
The formula for getting the Cash Price is by adding the Downpayment and the Present Value
35
20 sec
Q.
Cash inflows can be represented by negative numbers while cash outflows can be represented by positive numbers.
36
20 sec
Q.
The formula that we are going to use when the focal date is at the start of term (t=0) is the Future Value
37
20 sec
Q.
We can also set our Focal date at the end of the term
38
20 sec
Q.
Fair market value is also called economic value.
39
20 sec
Q.
Sam converted his loan to light payments which gives her an option to pay 12,000 pesos every 2 years for 6 years. The first payment is due 4 years from now. How much is the amount of the loan if the interest is 10% converted every 2 years? What is the value of n?
40
300 sec
Q.
Sam converted his loan to light payments which gives her an option to pay 12,000 pesos every 2 years for 6 years. The first payment is due 4 years from now. How much is the amount of the loan if the interest is 10% converted every 2 years? What is the value of j?
41
300 sec
Q.
Sam converted his loan to light payments which gives her an option to pay 12,000 pesos every 2 years for 6 years. The first payment is due 4 years from now. How much is the amount of the loan if the interest is 10% converted every 2 years? What is the number of artificial payments, k?
42
300 sec
Q.
Sam converted his loan to light payments which gives her an option to pay 12,000 pesos every 2 years for 6 years. The first payment is due 4 years from now. How much is the amount of the loan if the interest is 10% converted every 2 years? What is the present value of the deferred annuity?
43
300 sec
Q.
If money is worth 8% compounded quarterly, find the present value of a 70 pesos annuity every 3 months, the first of which is due at the end of 4 years and last at the end of 10 years. Find the nominal rate.
44
300 sec
Q.
If money is worth 8% compounded quarterly, find the present value of a 70 pesos annuity every 3 months, the first of which is due at the end of 4 years and last at the end of 10 years. What is the period of deferral?
45
300 sec
Q.
If money is worth 8% compounded quarterly, find the present value of a 70 pesos annuity every 3 months, the first of which is due at the end of 4 years and last at the end of 10 years. What is the number of actual payments, n?
46
300 sec
Q.
If money is worth 8% compounded quarterly, find the present value of a 70 pesos annuity every 3 months, the first of which is due at the end of 4 years and last at the end of 10 years. What is the interest rate per conversion period?
47
300 sec
Q.
If money is worth 8% compounded quarterly, find the present value of a 70 pesos annuity every 3 months, the first of which is due at the end of 4 years and last at the end of 10 years. What is the present value of the deferred annuity?
48
300 sec
Q.
Low-cost fixed or variable annuities are often the best option as a part of a retirement portfolio. Monthly payments will fluctuate with a variable annuity, while fixed annuities pay out one monthly amount.
49
20 sec
Q.
A deferred annuity is a contract with an insurance company that promises to pay the owner a regular income, or a lump sum, at some future date