1. "To accumulate Php85,250, Amy needs to place equal deposits at the end of every 3 months in a fund which earns at 18% compounded quarterly. If the first deposit is made on March 28, 2014 and the last, on March 28, 2020, how large should each deposit be?" What is Php85,250? *

1. Maturity Value
2. Principal
3. Interest
4. Conversion Period

2. Yuri wishes to accumulate Php25,000 in 3 years. Thus, he invested Php23,000 in a bank which offers 9.5% simple interest. What is the key word for Maturity value? *

1. Invested
2. Offers
3. Accumulate
4. Wishes
5. simple interest

3. "Chad has a debt of Php120,000 due in 4 years and 9 months. If he wishes to pay his creditor now at 9.5% compounded quarterly, how much would he have to pay?" What is the key word for Principal? *

1. wishes to pay
2. pay
3. creditor
4. debt

4. A simple interest of Php6,800 was charged on a loan of Php90,400 for 3 years and 9 months. What is Php90,400? *

1. Principal
2. Interest
3. Maturity value