Freddy the Frog's Financial Journey

Froggy Jumps

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Freddy the Frog dreams of reaching the Golden Lily Pad, where he can earn the Golden Coin of Prosperity. However, the pond is filled with many lily pads, and Freddy cannot jump across them without making the right decisions. Every lily pad contains a question or a financial challenge. If Freddy answers correctly, he safely jumps to the next lily pad. If not, he must stay where he is until he finds the correct answer.

Help Freddy cross the pond by answering the questions correctly. Along the way, you may notice that not all savings plans work the same way. Observe the differences carefully because they will help you discover today's lesson.

Creada por

Grachel Ann Ignacio

Filipinas

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Froggy Jumps Freddy the Frog's Financial JourneyVersión en línea Freddy the Frog dreams of reaching the Golden Lily Pad, where he can earn the Golden Coin of Prosperity. However, the pond is filled with many lily pads, and Freddy cannot jump across them without making the right decisions. Every lily pad contains a question or a financial challenge. If Freddy answers correctly, he safely jumps to the next lily pad. If not, he must stay where he is until he finds the correct answer. Help Freddy cross the pond by answering the questions correctly. Along the way, you may notice that not all savings plans work the same way. Observe the differences carefully because they will help you discover today's lesson. por Grachel Ann Ignacio 1 Freddy wants to save coins every month. What do we call a series of equal payments made at regular intervals? a interest b loan c annuity 2 Freddy found two ponds. Pond A earns 6% interest compounded monthly. Pond B earns 6% interest compounded quarterly. What does compounded monthly mean? a interest is added once a year b interest is added once every month c interest is never added 3 Freddy wants to know when he should make his payments. In an ordinary annuity, payments are made: a at the end of every period b at the beginning of every period c whenever you want 4 Freddy discovers two bridges leading to the Golden Lily Pad. Bridge A: Deposit every month; Interest compounds every month Bridge B: Deposit every month; Interest compounds every quarter Which bridge has different payment and compounding periods? a Bridge A b Bridge B c None of the bridge 5 Freddy finally reaches the last lily pad before the treasure. "I save every month, but the bank computes my interest every quarter." What do you think happens when the payment interval is different from the compounding period? a Nothing changes b The investment follows a different type of annuity. c Interest disappears.

Froggy Jumps

Freddy the Frog's Financial JourneyVersión en línea

Freddy the Frog dreams of reaching the Golden Lily Pad, where he can earn the Golden Coin of Prosperity. However, the pond is filled with many lily pads, and Freddy cannot jump across them without making the right decisions. Every lily pad contains a question or a financial challenge. If Freddy answers correctly, he safely jumps to the next lily pad. If not, he must stay where he is until he finds the correct answer. Help Freddy cross the pond by answering the questions correctly. Along the way, you may notice that not all savings plans work the same way. Observe the differences carefully because they will help you discover today's lesson.

por Grachel Ann Ignacio

Freddy wants to save coins every month. What do we call a series of equal payments made at regular intervals?

interest

loan

annuity

Freddy found two ponds. Pond A earns 6% interest compounded monthly. Pond B earns 6% interest compounded quarterly. What does compounded monthly mean?

interest is added once a year

interest is added once every month

interest is never added

Freddy wants to know when he should make his payments. In an ordinary annuity, payments are made:

at the end of every period

at the beginning of every period

whenever you want

Freddy discovers two bridges leading to the Golden Lily Pad. Bridge A: Deposit every month; Interest compounds every month Bridge B: Deposit every month; Interest compounds every quarter Which bridge has different payment and compounding periods?

Bridge A

Bridge B

None of the bridge

Freddy finally reaches the last lily pad before the treasure. "I save every month, but the bank computes my interest every quarter." What do you think happens when the payment interval is different from the compounding period?

Nothing changes

The investment follows a different type of annuity.

Interest disappears.

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Freddy the Frog's Financial Journey

Froggy Jumps

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Freddy the Frog's Financial JourneyVersión en línea

por Grachel Ann Ignacio

Freddy wants to save coins every month. What do we call a series of equal payments made at regular intervals?

Freddy found two ponds. Pond A earns 6% interest compounded monthly. Pond B earns 6% interest compounded quarterly. What does compounded monthly mean?

Freddy wants to know when he should make his payments. In an ordinary annuity, payments are made:

Freddy discovers two bridges leading to the Golden Lily Pad. Bridge A: Deposit every month; Interest compounds every month Bridge B: Deposit every month; Interest compounds every quarter Which bridge has different payment and compounding periods?

Freddy finally reaches the last lily pad before the treasure. "I save every month, but the bank computes my interest every quarter." What do you think happens when the payment interval is different from the compounding period?

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