
GENERAL MATHEMATICS ACADEMIC ACHIEVEMENT TEST
Quiz by Arvin Gara
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7 questions
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- Q11. The simple interest formula is I=Prt. What does the t representTimePrincipleInterestPercent Rate30s
- Q22. If you are calculating the simple interest and you are given the time in months. How can you find the time in years?divide the months by 12change the months to a decimaldivide 12 by the monthsmultiply 12 times the months30s
- Q33. What is the formula for simple interest?T = pri. I = prtR = iptP = irt30s
- Q44. Chris owes Carol ₱20 000. He promised to pay the said amount in 6 months at 5% simple interest. How much is the interest?₱600₱500₱900₱70030s
- Q55. Amount of money borrowed or invested on the origin dateInterestTimeRatePrincipal30s
- Q66. The person or institution who invests the money or makes the funds available.DebtorCollectorBorrowerLender30s
- Q77. The interest remains constant throughout the investment term. Compound InterestMaturity ValueSimple InterestInterest30s