Mathematics in the Modern Worls [Final Quiz 1 & Quiz 2] PDF

Preview

Summary

Download Mathematics in the Modern Worls [Final Quiz 1 & Quiz 2] PDF

Description

Mathematics in The Modern World

FINAL QUIZ 1 & QUIZ 2 1

How many conversion periods are there for an amount of 1000 compounded quarterly for 5 years 10 The total amount the borrower would need to repay a loan Maturity value It is also referred to as the principal Present value The time between successive interest computation Compounding period It is an interest computed based on the original principal during the whole life of investment simple The interest computed on the basis of a 360-day year Ordinary interest The maturity value of a loan of Php 10,000 and interest half of the principal 15,000 The number of days from April 12,2002 to October 25,2003 using actual time is 561 It is found by assuming each month to be 30 days Approximate time The largest interest can be obtained when compounded monthly It is an interest bearing contract which obligates the borrower to make payments of interest and principal on specific dates to the holder of the bond bond The process of determining the current value of a bond Bond validation Annuity where payment is done at the end of the term Ordinary annuity It represents the interest earned date or coupon date also referred to as coupon annuity payments Periodic payment Which is regarded as an annuity? Monthly rental It is one which payment begin and end at fixed times. Annuity certain It refers to the bond rate or coupon rate Nominal rate It is a sequence of equal payments made at equal periods Annuity If money is worth 4% compounded monthly ,what payment at the end of each quarter will replace payments of Php 500.00 monthly 1,505.00 What is the present worth of a Php 1000 annuity over a 10-year period if interest rate is 8%? 6710.00...