Gen Math Long Test (2nd Quarter)

QuizÂ by Nida Flores

General Math
Philippines Curriculum: SHS Core Curriculum Subjects

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### Measures 15 skills fromGrade 11General MathPhilippines Curriculum: SHS Core Curriculum Subjects

M11GM-IIa-b-1
M11GM-IIa-1
M11GM-IIb-2
M11GM-IIc-2
M11GM-IIc-d-1
M11GM-IId-2
M11GM-IId-3
M11GM-IIe-2
M11GM-IIe-1
M11GM-IIe-3
M11GM-IIf-1
M11GM-IIf-3
M11GM-IIf-2
M11GM-IIg-1
M11GM-IIh-2

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40 questions
• Q1
1. Aling Nene takes out a simple interest loan of Php10,000 at a rate of 7.5%. What is the total amount Aling Nene will repay if the loan is for 8 years?
Php 6,000
Php 26,000
Php16,000
Php 10,000
30s
M11GM-IIa-b-1
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• Q2
2. Simple interest earned is represented by the formula, I = Prt . If a 2-year loan of of Php 5000 is made with 4% simple interest. Find the interest earned.
Php 400
Php 5,400
Php 5000
Php 4,600
30s
M11GM-IIa-1
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• Q3
3. Richie invested Php12,000 at a simple interest rate of 6% for 4 months at United Villages Cooperative. How much interest is earned on this investment?
Php 2,880
Php 12,240
Php 240
Php 14,880
30s
M11GM-IIa-b-1
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• Q4
4. Amount paid or earned for the use of money
interest
rate
principal
future value
30s
M11GM-IIa-1
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• Q5
5. Simple interest remains constant throughout the investment term
False
True
30s
M11GM-IIa-1
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• Q6
6. In compound interest , the interest from the accumulated past interest also earns interest
True
False
30s
M11GM-IIa-1
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• Q7
7. If money loaned or invested is compounded quarterly the frequency of compounding is
12
2
1
4
30s
M11GM-IIb-2
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• Q8
8. Using the formula F =P(1+r/m)^mt, how much does Kristal repay after 2 years if she borrows Php10,000 and promises to pay the principal and interest at 12% compounded monthly?
Php 10,000
Php 7302.65
Php12,697.35
Php 2,697.35
30s
M11GM-IIa-b-1
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• Q9
9. Frequency of conversion or compounding is the_________________________
total number of conversion periods
number of compounding periods in one year
rate of interest for each conversion period
interest period
30s
M11GM-IIb-2
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• Q10
10. If the frequency of compounding is two(2), the amount borrowed or invested was said to be compounded_________.
quarterly
monthly
annually
semi- annually
30s
M11GM-IIb-2
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• Q11
11. If the interest rate is 12% compounded monthly , what is the nominal or annual rate of interest?
0.001
0.01
0.10
0.0001
30s
M11GM-IIb-2
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• Q12
12. A sequence of payments made at equal intervals or periods time.
periodic payment
annuity
present value of an annuity
amount of an annuity
30s
M11GM-IIc-2
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• Q13
13. An annuity where the length of the payment interval is not the same as the length of the interest compounding period.
annual payment
simple annuity
periodic payment
general annuity
30s
M11GM-IIc-2
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• Q14
14. In the concept of annuity or finance the term discounting means getting the ___________
discounted price
at cost price
present value
future value
30s
M11GM-IIc-d-1
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• Q15
15. The down payment (if there is any) plus the present value of the installment payments
future value
cash value or cash price
discounted price
promo price
30s
M11GM-IIc-d-1
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• Q16
16. Future Value of an Ordinary Annuity is represented by , F = R[ (1+j)^n - 1 / j], If Mario decided to save for his graduation by investing Php 5000 quarterly in a mutual fund that offers an interest rate of 2% compounded quarterly, how much will his money be at the end of 5 years?
410,895.58
401,895.58
104,895.58
140,895.58
30s
M11GM-IIc-d-1
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• Q17
17. Present value of an ordinary annuity can be computed using P = R [ 1-(1+j)^-n / j], find the present value of annual payments of Php150,000 with interest rate of 8% compounded annually for 10 years
Php 1,060,512.21
Php 1,600,512.21
Php 1,006,512.21
Php 15,000,000
30s
M11GM-IIc-d-1
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• Q18
cash inflows
cash outflows
cash flow
cash price
30s
M11GM-IId-2
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• Q19
19. An annuity that does not begin until a given time interval has passed
periodic payment
general annuity
simple annuity
deferred annuity
30s
M11GM-IId-3
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• Q20
20. Find the period of deferral in the deferred annuity of an annual payments of Php 2,500 for 24 years that will start 12 years from now.
24 periods
36 periods
11 periods
12 periods
30s
M11GM-IId-3
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