1.what is defined as the amount of time in years the money borrowed or loan is to be completely repaid.

a.rate
b.maturity value
c.term
d.principal

2.what is the amount after t years that the lender receives from the borrower on the maturity date.

a.interest
b.maturity value
c.rate
d.term

3.what is the amount paid or earned for the use of money?

a.principal
b.rate
c.interest
d.maturity value

4.what refers to the amount of money invested or borrowed on the origin date?

a.rate
b.principal
c.term
d.interest

5.what term refers to the percentage charged by the lender,or rate of increase of investment?

a.rate
b.principal
c.term
d.interest

6.what type of interest is computed on the principal and the accumulated past imterests?

a.simple interest
b.compound interest
c.maturity value
d.present value

7.what is the interest?

a.Php 93,750
b.Php 9,375,000
c.Php 9,750,000
d.Php 97,500

8. what is the maturity value?

a.Php 593,750
b.Php 597,500
c.Php 595,000
d.Php 550,000

9.how much should you invest in a fund earning 9% compounded quarterly if you want to accumulate P300,000 in 3 years and 3 months?

a.Php 207,923.67
b.Php 213,990.66
c.Php 215,760.92
d.Php 224,645.71

10.xion deposited Php15,000 in the bank which gives 1% compounded quarterly and let it stay there for 10 years .how much would be the interest ?

a.Php 1,575.50
b.Php 1,786.09
c.Php 1,982.77
d.Php 2,032.87​