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FINALS

Quiz by Mary Grace S. Blanco

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15 questions
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  • Q1

    It is the science of correct reasoning

    Logic

    5s
  • Q2

    It is usually expressed in percent charged by the lender.

    rate

    5s
  • Q3

    It is the amount of money borrowed or invested.

    Principal

    5s
  • Q4

    Which is not considered annuity?

    pension

    5s
  • Q5

    It is an annuity payable for an indefinite duration.

    annuity uncertain

    5s
  • Q6

    It is the person or institution who invests or make the funds available.

    lender

    5s
  • Q7

    A proposition that conveys one thought with no connecting words.

    simple proposition

    5s
  • Q8

    Two simple proposition connected by if-then.

    conditional

    5s
  • Q9

    Two proposition connected by the word and.

    conjunction

    5s
  • Q10

    It is the amount of money borrowed or invested on the origin date.

    loan

    5s
  • Q11

    A statement that might be true or false.

    BICONDITIONAL

    5s
  • Q12

    They are the investors who buy the shares of the corporation from the bank.

    Stockholders

    5s
  • Q13

    It is the earnings distributed to shareholders of a corporation.

    Dividends

    5s
  • Q14

    If the annuity is compounded monthly, what is the number of frequencies of interest?

    12

    5s
  • Q15

    What is the number of compounding periods if the 15% interest rate is compounded quarterly for 5 years?

    60

    5s

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