
2nd Quarter Summative Test in GENERAL MATHEMATICS
QuizĀ by James Robin Dela Cruz
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What do you call to the person (institution) who avails the money of the funds from the lender?
What is the equivalent term in years, if the term of a loan is 3 years and 9 months?
Suppose you depositedā±250,000 in a bank at an annual simple interest rate of 2.5% for 3 years. What is the simple interest?
ā±15,000 is compounded annually at an interest rate of 3% in 6 years. What is the maturity value?
A bank offers a 0.40% annual simple interest rate for a particular deposit. What is the interest that will be earned if 1 million pesos is deposited in this savings account for 2 years?
Mr.Tolentino invested his money for the amount of ā±14,000 in a company at 4% compounded semi-annually for 7 years. What is the total amount that Mr.Tolentino must receive after 7 years?
What is a general annuity in which the periodic payment is made at the end of the payment interval?
What do you call a payment made is yearly and the interest rate is compounded yearly?
Which problem illustrates general annuity?
The buyer of a house and lot paid ā±150,000.00 cash and pays ā±6,000.00 every month for 15 years. If it is computed monthly at 8%, then what is the present value?
Ted deposits ā±3,000.00 each month into an account earning 2.5% interest compounded monthly. How much will he earn in 10 years?
Where do investors guarantee interest payments and a return of their money at the maturity date?
Where do investors can earn the security prices increase, but they can lose money if the security prices decrease or worse if the company goes bankrupt?
A certain financial institution declared ā±57.00 dividend per share for its common stock. The market value of the stock is ā±198.00. What is its stock yield ratio?
What is the amount of a semi-annual coupon paid for a 3% bond with a face value ofā±80,000.00 which matures after 15 years?
A certain land developer declared a dividend of ā±28 per share for the common stock.If the common stock closes at ā±99, how large is the stock yield ratio on this investment?
What kind of loan describes the situation below?
Ā āMr. Alonso wants to have some improvements on their 10-year-old house. He wants to build a new room for their 13-year-old daughter. He will borrow some money from the bank to finance this plan.ā
What kind of loan describes the situation below?
āMr. Samson owns a siomai food cart business. He wants to put another food cart on a new mall in the other city. He decided to have a loan to establish the new business.ā
Mr. Garcia borrowed ā±1,000,000.00 for the expansion of his business. The effective rate of interest is 7%. The loan is to be repaid in full after one year. How much is to be paid after one year?
If a house is sold for ā±2,000,000 and the bank requires a 30% down payment. What is the amount of the mortgage?
Ms.Ronal bought a car. After paying the down payment, the amount of the loan isā±500,000.00 with an interest rate of 9% compounded monthly. The term of the loan is 3 years. How much is the monthly payment?
What is proposition?
What are the four logical connectives?
Which of these propositions is FALSE?
Which of the following propositions conveys two or more ideas?
What are the truth values of the propositions p and q for the conjunction p ā§ q to be true?
Which of the following statements is TRUE for the propositions
p and q for the conditional statement p ā q to be false?
I. p is true and q is true
II. p is true and q is falseĀ
III. p is false and q is true
IV. p is false and q is false
For numbers 28ā 30. Given the propositions p and q,
p: It is raining today
q: The internet signal in the Philippines is slow.
Ā
What is the conditional statement p ā q?
For numbers 28ā 30. Given the propositions p and q,
p: It is raining today
q: The internet signal in the Philippines is slow.
Ā
Which of the following statements is the contrapositive of the conditional statement in number 6?
Which of the following is the converse of the conditional statement in number 6?