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THIS ACTIVITY LESSON IS DEFERRED ANNUITY. PLEASE ANSWER THEM ALL CORRECTLY AND IN COMPLETE SOLUTIONS FOR AN UPVOTE AND POSITIVE RATINGS :) ACTIVITY SHEET 4

THIS ACTIVITY LESSON IS "DEFERRED ANNUITY".

PLEASE ANSWER THEM ALL CORRECTLY AND IN COMPLETE SOLUTIONS FOR AN UPVOTE AND POSITIVE RATINGS :)

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ACTIVITY SHEET 4 WRITTEN WORK NO. 4 Find the period of deferral in each of the following deferral annuity problems (one way to find the period of deferral is to count the number of artificial payment (k)). 1. Payment of P 3,000.00 every 3 months for 8 years that will start 6 years. 2. Payment of P 1,000.00 every other month for 2 years that will start after 3 years. 3. Payment of P 700.00 every month for one (1) year that will start at the end of the third month 4. Payment of P 400.00 every 5 months for 3 years that will start at the end of 5 years. 5. Semi-annual payment of P 12,000.00 for twelve (12) years that will start from now. PERFORMANCE TASK NO. 4 Solve the following problems completely. Read and understand the situation below, then answer the question or perform the tasks that follow. 1. A group of college students decided to invest the money they earned from the fund-raising project. After 6 months from today, they want to withdraw from this fund P 10,000.00 quarterly for 1 year to fund for community service. How much is the present total deposit if the interest rate is 4% converted quarterly? 2. A company offers a deferred payment option for the purchase of any furniture. Gladys plans to buy a dining table set with a monthly payment of P 4,000.00 for 2 years. The payment will start at the end of 3 months. How much is the cash price of the dining set if the company will give 10% compounded monthly

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