WHAT IS MY VALUE? Directions: Solve each of the following problems completely. Use a separate sheet for your solutions and submit your answers in a PDF format. 1. Adora is preparing for an income fund for her retirement. She wants to receive Php 15,000.00 monthly for the next 25 years starting 1 month from now. The income fund pays TEACHING ONLINE LEARNING MODULE: MAT101: GENERAL MATHEMATICS 1 SEMIQ2- WEEK 5 1 6 of 8 10.5% per year compounded monthly. How much must Adora deposit now to pay for the annuity? 2. Consider the following annuities ANNUITY 1 Monthly deposit: Php 1,500.00 Time Period: 5 years Annual Interest rate: 8% Compounding Period: Monthly a. Find the total deposit and amount of each annuity. b. Why are the amounts not the same even if the total deposits are the same? RUBRIC FOR PROBLEM SOLVING 2 CRITERIA SOLUTION Solution is correct and all work is shown X1 4 STRATEGY X1 The strategy used matches the problem correctly. 3 Solution is correct, however there is no work shown or the problem ANNUITY 2 Monthly deposit: Php 3,000.00 Time Period: 5 years Annual Interest rate: 8% Compounding Period: Quarterly A strategy was used but slightly match the problem. 1 Solution is incorrect Solution is incorrect and however, the students student either didn't show showed their work and work or worked the made an error in problem correctly. calculations. A strategy was used but does not match the problem. No strategy is used. The strategy does not match the math problem or the answer.