22. If you receive Php1,500 interest revenue at the end of
every quarter and interest is 6% compounded
quarterly, what kind of annuity is it?
A. General Annuity
C. Annuity Certain
B. Simple Ordinary Annuity D. General Ordinary
Annuity
23. Based on item #22, how much money will you have
after 10 years?
A. P81401.84
C. P101401.84
B. P80401.84
D. P71401.84