MANGALDAN INTEGRATED SCHOOL AND SPED CENTER

Mangaldan, Pangasinan

GENERAL MATHEMATICS
Second Quarter Examination

I. MULITIPLE CHOICE:
Directions: Read each item very carefully. Encircle the letter that corresponds to the correct answer.

1. It is the amount paid or earned for the use of money.

a. interest b. rate c. term d. time

2. It is an interest that is computed on the principal and then added to it.

a. simple interests b. simple annuity c. compound interests d. general annuity

3. It is the interest that is computed on the principal and also on the accumulated past interests.

a. simple interests b. simple annuity c. compound interests d. general annuity

4. A sequence of payments made at equal or fixed intervals or periods of time.

a. interests b. annuity c. stocks d. bonds

5. An annuity where the payment interval is not the same as the interest period.

a. simple interests b. simple annuity c. compound interests d. general annuity

6. An annuity that does not begin until a given time interval has passed.

a. simple interests b. simple annuity c. compound interests d. general annuity

7. A type of annuity in which the payments are made at the end of each payment interval.

a. simple annuity b. contingent annuity c. deferred annuity d. ordinary annuity

8. An annuity in which the payments extend over in an indefinite or indeterminate length of time.

a. simple annuity b. contingent annuity c. deferred annuity d. ordinary annuity

9. A type of annuity in which the payments are made at beginning of each interval.

a. Annuity Certain b. contingent annuity c. Annuity due d. ordinary annuity

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

a. Principal b. Payment c. Periodic d. Price

11. Person or institution that owes or avails of the funds.

a. Principal b. Borrower c. Lender d. User

12. Person or institution that invests the money or makes the funds available.

a. Principal b. Borrower c. Lender d. User

13. It is the annual rate of interests.

a. Equivalent Rate b. Nominal rate c. Rate d. Effective Rates

14. Two annual rates with different conversion periods that will earn the same compound amount at the end of the
given number of years.

a. Equivalent Rate b. Nominal rate c. Rate d. Effective Rates

15. It is the rate compounded annually that will give the same compound amount as a given nominal rate.

a. Equivalent Rate b. Nominal rate c. Rate d. Effective Rates

16. It is equal to the down payment plus the present value of the installment payments.
a. Cash Inflow b. Cash Outflow c. Cash Prize d. Cash Flow

17. It is a term refers to payments received or payments or deposits made.

a. Cash Inflow b. Cash Outflow c. Cash Prize d. Cash Flow

18. It is the value of a cash flow on particular dates refers to single amount that is equivalent to the value of the
payments stream at that date.

a. Economic value b. Market Value c. Fair Market Value d. Stock Value

19. It is the share in the ownership of a company.

a. Stocks b. Loans c. Interest d. Bonds

20. It is an interest- bearing security which promises to pay a stated amount of money on the maturity date and
regular interest payments.

a. Stocks b. Loans c. Interest d. Bonds

21. It is the share in the company’s profit.

a. Dividend b. Coupon c. Check d. Quotient

22. It is the periodic interest payment that the bondholder receives during the time between purchase date and
maturity date.

a. Dividend b. Coupon c. Check d. Quotient

23. It is the number of individual buy orders and the total number of shares they wish to buy.

a. Ask Size b. Bid Size c. Bid Price d. Ask Price

24. It is the number of individuals sell orders have been placed in the online platform and the total number of
shares these seller wish to sell.

a. Ask Size b. Bid Size c. Bid Price d. Ask Price

25. The price the buyer is willing to pay for the stock.

a. Ask Size b. Bid Size c. Bid Price d. Ask Price

26. The price the sellers of the stock are willing to sell the stock.

a. Ask Size b. Bid Size c. Bid Price d. Ask Price

27. It is the per share amount as stated on the company certificate.

a. Par value b. Market Value c. Fair Market Value d. Stock Value

28. It is the current price of a stock at which it can be sold.

a. Par value b. Market Value c. Fair Market Value d. Stock Value

29. It is the date on which the money is received by the borrower.

a. Present Date b. Billing Date c. Repayment Date d. Origin Date

30. It is the date on which the money borrowed or loan is to be completely repaid.

a. Present Date b. Billing Date c. Repayment Date d. Origin Date

PREPARED BY:

AGNES R. RAMO
Subject Teacher
PART II. PROBLEM SOLVING: Solve the following problems. Show your neat and complete solutions. Use
extra sheet of pad paper to show your solutions if necessary.

1. Solve the following using simple interest rate:

i. Agnes borrowed P 10 000.00 at 2.5 % annual simple interest. If he decided to pay after 1
year and 6 months, how much would he pay by then?

ii. If a person borrowed P 95, 500 at an annual simple interest rate of 5.5% for 28 months, how
much interest should she pay?

2. Compound Interests:
Suppose that you have P 120, 000.00. You decided to deposit it in a bank and will not
withdraw from it for 5 years. A bank offers two types of compound interest. The first account offers
6% interest compounded monthly. The second account offers 6.5% interest compounded semi-
annually. Which account will you choose if you want your money to earn more?

3. Simple Annuity:
The buyer of the car pays P 200 000.00 cash and P 9 500.00 every month for 5 years. If
money is 9.5% compounded monthly, how much is the cash price of the car?

PREPARED BY:

AGNES R. RAMO
Subject Teacher
4. General Annuity:
In order to save for her Senior High School graduation, Marly decided to save P 200 at the
end of every other month, starting the end of the second month. If the bank pays 0.250%
compounded monthly. How much will be her money at the end of 6 years?

5. Deferred Annuity:
A car is to be purchased in monthly payments of P 17, 000 for 4 years starting at the end of
4 months. How much is the cash value of the car if the interest rate used is 12% converted monthly?

6. Stocks and Bonds:

ii. A P 450, 000. 00 bond is redeemable at P 550, 000.00 after 5 years. Coupons are given at
5% convertible to semi-annually. Find the amount of semi-annual coupon.

PREPARED BY:

AGNES R. RAMO
Subject Teacher