I.

1.
2.
3.
4.
5.
II.

Fill in the blanks with the correct answer.

When money is compounded monthly, the frequency of conversion is _____________.
When the annual interest rate is 16% compounded quarterly, interest rate in a conversion period is ___________.
The interest rate per conversion period is 1% and money is compounded monthly, the nominal rate is _________.
When term is 3 years and 6 months and money is compounded semi- annually, total number of conversion period is ________.
When total number of conversion period is 12 and term is 6 years, then money is compounded ____________.
Complete the table!

PRINCIPAL

NOMINAL

5,000
30,000
(11)???

6%
2%
10%

COMPOUNDED

FREQUENCY
OF
CONVERSION

INTEREST
RATE PER
PERIOD

YEARS

TOTAL # OF
CONVERSIONS PER
YEAR

IC

FV

Semi-annual
Quarterly
Monthly

(1)???
(6)???
(12)???

(2)???
(7)???
(13)???

10
3.75
5

(3)???
(8)???
(14)???

(4)???
(9)???
(15)???

(5)???
(10)???
100,000

RATE

III.
Solve:
1. Rafaela Sabban borrowed 15,000 payable with interest compounded semi-annually at 9%. How much must she pay after 3
years?
2. How much must Diane Joy Bolisa deposit in bank with 0.75% compounded quarterly so that shell get 200,000 after 15 years.
3. Suppose Jay has 80,000. He is deciding to invest it in Bank A with 6% interest compounded monthly or in Bank B with 6.5%
interest compounded semi-annually. Which account will he choose if he wants to earn more after 10 years?
I.
Fill in the blanks with the correct answer.
1. When money is compounded monthly, the frequency of conversion is _____________.
2. When the annual interest rate is 16% compounded quarterly, interest rate in a conversion period is ___________.
3. The interest rate per conversion period is 1% and money is compounded monthly, the nominal rate is _________.
4. When term is 3 years and 6 months and money is compounded semi- annually, total number of conversion period is ________.
5. When total number of conversion period is 12 and term is 6 years, then money is compounded ____________.
II.
Complete the table!
PRINCIPAL

NOMINAL

5,000
30,000
(11)???

6%
2%
10%

COMPOUNDED

FREQUENCY
OF
CONVERSION

INTEREST
RATE PER
PERIOD

YEARS

TOTAL # OF
CONVERSIONS PER
YEAR

IC

FV

Semi-annual
Quarterly
Monthly

(1)???
(6)???
(12)???

(2)???
(7)???
(13)???

10
3.75
5

(3)???
(8)???
(14)???

(4)???
(9)???
(15)???

(5)???
(10)???
100,000

RATE

III.
Solve:
1. Rafaela Sabban borrowed 15,000 payable with interest compounded semi-annually at 9%. How much must she pay after 3
years?
2. How much must Diane Joy Bolisa deposit in bank with 0.75% compounded quarterly so that shell get 200,000 after 15 years.
3. Suppose Jay has 80,000. He is deciding to invest it in Bank A with 6% interest compounded monthly or in Bank B with 6.5%
interest compounded semi-annually. Which account will he choose if he wants to earn more after 10 years?
I.
Fill in the blanks with the correct answer.
1. When money is compounded monthly, the frequency of conversion is _____________.
2. When the annual interest rate is 16% compounded quarterly, interest rate in a conversion period is ___________.
3. The interest rate per conversion period is 1% and money is compounded monthly, the nominal rate is _________.
4. When term is 3 years and 6 months and money is compounded semi- annually, total number of conversion period is ________.
5. When total number of conversion period is 12 and term is 6 years, then money is compounded ____________.
II.
Complete the table!
PRINCIPAL

NOMINAL

5,000
30,000
(11)???

6%
2%
10%

COMPOUNDED

FREQUENCY
OF
CONVERSION

INTEREST
RATE PER
PERIOD

YEARS

TOTAL # OF
CONVERSIONS PER
YEAR

IC

FV

Semi-annual
Quarterly
Monthly

(1)???
(6)???
(12)???

(2)???
(7)???
(13)???

10
3.75
5

(3)???
(8)???
(14)???

(4)???
(9)???
(15)???

(5)???
(10)???
100,000

RATE

III.
Solve:
1. Rafaela Sabban borrowed 15,000 payable with interest compounded semi-annually at 9%. How much must she pay after 3
years?
2. How much must Diane Joy Bolisa deposit in bank with 0.75% compounded quarterly so that shell get 200,000 after 15 years.
3. Suppose Jay has 80,000. He is deciding to invest it in Bank A with 6% interest compounded monthly or in Bank B with 6.5%
interest compounded semi-annually. Which account will he choose if he wants to earn more after 10 years?
I.
Fill in the blanks with the correct answer.
1. When money is compounded monthly, the frequency of conversion is _____________.
2. When the annual interest rate is 16% compounded quarterly, interest rate in a conversion period is ___________.
3. The interest rate per conversion period is 1% and money is compounded monthly, the nominal rate is _________.
4. When term is 3 years and 6 months and money is compounded semi- annually, total number of conversion period is ________.
5. When total number of conversion period is 12 and term is 6 years, then money is compounded ____________.
II.
Complete the table!
PRINCIPAL

NOMINAL

5,000
30,000
(11)???

6%
2%
10%

COMPOUNDED

FREQUENCY
OF
CONVERSION

INTEREST
RATE PER
PERIOD

YEARS

TOTAL # OF
CONVERSIONS PER
YEAR

IC

FV

Semi-annual
Quarterly
Monthly

(1)???
(6)???
(12)???

(2)???
(7)???
(13)???

10
3.75
5

(3)???
(8)???
(14)???

(4)???
(9)???
(15)???

(5)???
(10)???
100,000

RATE

III.
Solve:
1. Rafaela Sabban borrowed 15,000 payable with interest compounded semi-annually at 9%. How much must she pay after 3
years?
2. How much must Diane Joy Bolisa deposit in bank with 0.75% compounded quarterly so that shell get 200,000 after 15 years.
3. Suppose Jay has 80,000. He is deciding to invest it in Bank A with 6% interest compounded monthly or in Bank B with 6.5%
interest compounded semi-annually. Which account will he choose if he wants to earn more after 10 years?