A man wishes to have ₱25,000.00 in a fund at the end of 8 years. To realize this, he will make equal deposits at the end of each 3 months in the fund for 8 years. How much is the quarterly deposit if the fund earns interest at 12% compounded quarterly. 

Determine whether the situation describes an ordinary annuity or an annuity due.

Determine if the given situations represent simple annuity or general annuity.

It is interest conversion or compounding period is unequal or not the same as the payment interval.

It is interest conversion or compounding period is equal or the same as the payment interval.

This one is payable for a definite duration. Begins and ends on a definite or fixed date.

It is a fixed sum of money paid to someone at regular intervals, subject to a fixed compound interest rate. 

An annuity in which the periodic payment is made at the beginning of each payment interval.

The periodic payment is not made at the beginning nor at the end of each payment interval, but some later date.

An annuity in which the periodic payment is made at the beginning of each payment interval.

It is the total accumulation of the payments and interest earned.

The principal amount that must be invested today to provide the regular payments of an annuity.

It is the time from the beginning of the first period to the end of the last payment period.

The monthly rent of an apartment is ₱15,000.00 payable at the beginning of each month. If money is worth 15% compounded monthly, what is the cash equivalent of5 years rent?          

Find the present value of a ₱4,500.00 annuity for 7 years and is deferred for 2 years if money is worth 8% effective?   

In the amount and present value of an ordinary annuity of ₱5,400.00 payable quarterly for 7 years if the rate of interest is 8% compounded quarterly.  

A fund of ₱80,000.00 is to be accumulated by means of deposits of ₱3,200.00 at the end of each 3 months for as long as necessary. The fund earns 9% compounded quarterly. How many quarterly deposits of ₱3,200.00 are needed?