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Activity Sheet 27 - Gr.11 - Annuity Due

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Jastin Dayap
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88 views2 pages

Activity Sheet 27 - Gr.11 - Annuity Due

Uploaded by

Jastin Dayap
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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NAME: ___________________________ DATE: _______________

GRADE AND SECTION: ______________ SCORE: _____________

GRADE 11 – GENERAL MATHEMATICS


BASIC BUSINESS MATH: “Annuity Due”

CONTENT STANDARD: The learner demonstrates understanding of key concepts of simple


and compound interests, and simple and general annuities

PERFORMANCE STANDARD: The learner is able to investigate, analyze and solve


problems involving simple and compound interests and simple and general annuities using
appropriate business and financial instruments.

OBJECTIVES:
1. Solve word problem involving Annuity Due.

ACTIVITY

DIRECTION: Solve the following problems. Write your complete solution. Round off
amount to the nearest centavo.

1. Find the amount of an annuity of ₱650.00 paid at the beginning of every 3 months
for 6 years if money is worth 8% compoundef quarterly.

Solution:

2. Find the amount of an annuity of ₱900.00 paid at the beginning of every 3 months
for 10 years, if money is worth 12% compounded quarterly.

Solution:

3. Resty’s furniture Inc., deposits ₱60,000.00 at the beginning of each 3-month


period for 5 years in an account paying 9% interest compounded quarterly. How
much will be in the account at the end of 6-year period?

Solution:

SENIOR HIGH SCHOOL Prepared By:


GRADE 11 MR. RESTITUTO I. RODELAS
GENERAL MATHEMATICS Education Program Supervisor -Mathematics
Edited by: Ryan Jay C. Verbo
SDO MANDALUYONG
4. Find the amount and interest earned of an annuity payment of ₱16,000.00
payable at the start of every 3 months at 6% compounded quarterly for 4 years.

Solution:

5. How much is the future amount of an annuity payment of ₱6,000.00 payable


monthly at 8% compounded monthly for 5 years?

Solution:

6. How much will be the amount of an annuity due whose periodic payment of
₱7,000.00 will be paid quarterly at 5.5% for 10 years?

Solution:

7. Loreta Flores obtained an annuity due from a cooperative, paying ₱15,000.00


every 6 months at 7% compounded semi-annually. Find the amount and interest
earned if the terms is 8 years.

Solution:

8. How much was the amount of an annuity due of which monthly periodic payment
of ₱2,500.00 at 6 1/2% compounded monthly was obtained for 15 years?

Solution:

9. Find the compound amount of an annuity due with annual payment of ₱20,000.00
for 12 years at 8.5% compounded annually.

Solution:

10. How much is the interest earned of an annuity due with annual payment of
₱25,000.00 for 10 years at 7 3/4% compounded annually?

Solution:

SENIOR HIGH SCHOOL Prepared By:


GRADE 11 MR. RESTITUTO I. RODELAS
GENERAL MATHEMATICS Education Program Supervisor -Mathematics
Edited by: Ryan Jay C. Verbo
SDO MANDALUYONG

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