ACTIVITY 2 Direction: Encircle the best answer. 1.) Date on which money is received by the borrower. A. Conversion period B. Loan date C. Maturity date D Repayment date 2.) 3 is equivalent to A. 0 0032 B 0.032 C. 0.32 D 32 3.) This refers to the interest charged on the principal aloue for the entire duration or period of the loan or investiment. A. Compound interest B Funue valule C. Iiterest rate D Simple interest 4) This refers to the mumber of years for which the money is borrowed or invested. A Conversion period B Interest rare С. Princрal D Time 5.) An interest resulting from the periodic addition of simple irerest to the principal amotnt A. Compound amonnt B Compound interest C Interest rate D. Siuple interest 6.) What is the formula in computing the present value of F in a financial transaction involving coumpound interest? A P F(1+i)-" C P= F(1-1)-R B. P- F(1+)" D. P-F(1-1)" 7.) How ntch was the interest if Althea invested P30.400 00 and received a total of P40.300.00 at thhe end of the term? A. P9.900 00 B P30,400 00 C 40.300.00 D P70,700 00 8 How much is the funue value on this financial tansaction. P 10.000 00, r= 500. and r3 years? A PI.500 00 B. PIL.500 00 C P21.500 00 D. P25.000 00 9) What is the total mumber of conversion periods when a centain amount is borowed at 5.5° compounded quarterly for 4 years? A 4 В. 12 C 16 D. 22 10) What is tie interest rate per conversion period if P29.500.00 was invested at 2.5°. compounded semi-amally for 5 years and 4 months? A 00025 B 00125 C 0.025 D. 25 11) Edgardo invested P15.600 00 at 10 25° interest rate How long will take fot his investuient to earn an interest of P5.055.00? A. 0.32 years B 3 16 years C. 6.29 years D 30 11 years