FINALS
Quiz by Mary Grace S. Blanco
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- Q1
It is the science of correct reasoning
Logic
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It is usually expressed in percent charged by the lender.
rate
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It is the amount of money borrowed or invested.
Principal
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Which is not considered annuity?
pension
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It is an annuity payable for an indefinite duration.
annuity uncertain
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It is the person or institution who invests or make the funds available.
lender
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A proposition that conveys one thought with no connecting words.
simple proposition
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Two simple proposition connected by if-then.
conditional
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Two proposition connected by the word and.
conjunction
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It is the amount of money borrowed or invested on the origin date.
loan
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A statement that might be true or false.
BICONDITIONAL
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They are the investors who buy the shares of the corporation from the bank.
Stockholders
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It is the earnings distributed to shareholders of a corporation.
Dividends
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If the annuity is compounded monthly, what is the number of frequencies of interest?
12
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What is the number of compounding periods if the 15% interest rate is compounded quarterly for 5 years?
60
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