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adm 11- general Mathematics Quarter 2 - module 4 :
simple and general Annuities
Read each problem carefully and tell whether each of the given information describes a simple annuity or general annuity. Complete the diagram that follows. Have Fun!
a. Monthly payments of ₱ 3,000 for 4 years with interest rate of 3% compounded monthly.
Type of Annuity:
adm 11- general Mathematics Quarter 2 - module 4 :
simple and general Annuities
Read each problem carefully and tell whether each of the given information describes a simple annuity or general annuity. Complete the diagram that follows. Have Fun!
a. Monthly payments of ₱ 3,000 for 4 years with interest rate of 3% compounded monthly.
Type of Annuity:
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Answer:
fixed annuity
Explanation: