Republic of the Philippines a. ₱10,500.00 b. ₱11,500.00 c. ₱45,000.00 d. ₱100,500.

00
DEPARTMENT OF EDUCATION 10. What is the interest rate per conversion period if ₱25,900.00 was invested at 3.5% compounded
Division of Siargao annually for 4 years and 6 months?
NUEVA ESTRELLA NATIONAL HIGH SCHOOL a. 0.035 b. 0.140 c. 0.350 d. 0.460
Brgy. Nueva Estrella, Socorro, Surigao del Norte 11.) John borrowed ₱45,400.00 at 10% simple interest rate. How much should he repay after 3 years?
a. ₱13,620.00 b. ₱59,020.00 c. ₱46,762.00 d. ₱104,420.00
SENIOR HIGH SCHOOL
SECOND QUARTER ASSESSMENT 12. An interest of ₱760 was earned on an investment for 9 months at 3% interest rate. How much was
GENERAL MATHEMATICS invested?
a. ₱2,052.00 b. ₱20,520.00 c. ₱2,814.81 d. ₱33,777.78
NAME: __________________________SECTION: _______________DATE: ______ 13. At what simple interest rate was ₱18,350.00 invested if it earned ₱1,025.00 interest for 1.5 years?
GENERAL INSTRUCTIONS: a. 0.0372% b. 3.72% c. 0.1193% d. 11.93%
 Read and understand each statement/ item carefully. 14. How much will be the compound interest if ₱30,220.00 is invested at 7% compounded quarterly
 Avoid unnecessary erasures. If you want to change your answer, enclose it in parentheses and for 2 years and 9 months?
write your final answer on the space provided before each number. _____ a. ₱4,499.21 b. ₱36,574.05 c. ₱6,354.05 d. ₱147,899.31
 Use black or blue pen only. Using pencils are not allowed. 15. When is ₱78,800.00 due if its present value of ₱61,500.00 is invested at 1034% compounded
monthly?
Directions: Read each statement carefully. ENCIRCLE the letter of the correct answer. a. 2. 32 years b. 10.75 years c. 6.95 years d. 27.79 years
16. It is an annuity where 16. The payment interval is the same as the interest period.
1. This refers to the accumulated amount obtained by adding the principal and the compound interest. a. Simple Annuity b. General Annuity c. Annuity Certain d. Contingent annuity
a. Compound amount c. Present value 17. It is a sequence of payments made at equal (fixed) intervals or
b. Compound interest d. Simple interest periods of time.
2. Date on which the money borrowed or loaned is to be completely repaid. a. Future Value of an annuity c. Annuity
a. Conversion period c. Maturity date b. Present Value of an annuity d. Periodic Payment
b. Loan date d. Origin date 18. The sum of future values of all the payments to be made during the entire term of annuity
3. What is the formula in computing the simple interest on a given financial transaction? a. Future Value of an annuity c. Annuity
a. 𝐼𝑠=𝑃𝑟𝑡 c. 𝐼𝑠=𝑃𝑟𝑡 b. Present Value of an annuity d. Periodic Payment
b. 𝐼𝑠=𝑃𝑟2𝑡 d. 𝐼𝑠=𝑟𝑃𝑡 19. The sum of all present values of all the payments to be made
4. This refers to the interest rate per conversion period. during the entire term of the annuity.
a. Compound interest c. Rate of interest a. Future Value of an annuity c. Time of Annuity
b. Periodic rate d. Simple interest b. Present Value of an annuity d. Periodic Payment
5. This refers to the amount paid or earned for the use of money. 20. It is a share in the ownership of a company.
a. Conversion period c. Principal a. Stocks b. Bond c. Share d. Stock Market
b. Interest d. Rate 21. It is a place where stocks can be bought or sold.
6. 30 months is equivalent to a. Stocks b. Bond c. Share d. Stock Market
a. 2.5 years c. 3 years 22. It is an interest- bearing security which promises to pay a stated amount on the maturity and regular
b. 2.75 years d. 3.25 years interest payments.
7. How much is the simple interest on this financial transaction, P = ₱5,000.00, r = 6%, and t = 2 a. Stocks b. Bond c. Share d. Stock Market
years? 23. Investors are guaranteed interest payments and return of their money at the maturity date.
a. ₱120.00 b. ₱1,200.00 c. ₱600.00 d. ₱6,000.00 a. Stocks b. Bond c. Share d. Stock Market
8. What is the total number of conversion periods when a certain amount is borrowed at 10% 24. It is the current price of a stock at which it can be sold.
compounded monthly for 5 years? a. Stock Market b. Bond Market c. Market Value d. Par Value
a. 12 b. 24 c. 50 d. 60 25. It is the measure of the value of a section of the stock market and is computed from the price of
9. How much was the interest if Sophia borrowed ₱45,000.00 and paid a total of ₱55,500.00 at the end selected stocks.
of the term? a. Stock Index b. Bond Index c. Market Value d. Par Value
26. It is lower risk but lower yield. 1. A family obtained a P1,000,000 mortgage. If the monthly payment is P38,000 for four years, how
a. Stocks b. Bonds c. Share d. Stock Market much is the total interest paid?
27. It is the amount payable on the maturity date
a. Stock Market b. Bond Market c. Market Value d. Par Value 2. Mr. Canlapan obtained a 10-year mortgage for P4,200,000. If his monthly payment is P39,500 how
28. It is ratio of the annual dividend per share and the market value per share. much is the total interest?
a. Stock Market b. Bond Market c. Stock Yield Ratio d. Par Value
29. It is a method of measuring the value of a section of the bond market. 3. Mr. Ramos is considering to pay his outstanding balance after 3 years of payment. The original
a. Stock Index b. Bond Index c. Stock Yield Ratio d. Bond Yield Ratio amount of the loan is P100,000 payable annually in 5 years. If the interest rate is 10% per annum and
30. A certain corporation declared a 5% dividend on a stock with a par value of ₱900.00. Mrs. L owns the regular payment is P26,379.75 annually, how much is the outstanding balance after the 3rd
250 shares of stock with a par value of ₱900.00. How much is the dividend she received? payment?
a. ₱12,150.00 b. ₱11,150.00 c. ₱11,250.00 d. ₱12,250.00
31. Mr. Vincent Gomez bought sixty ₱1,500.00 ACTS bonds at 103. What is his total investment in 4. Ms. Saya got a business loan worth P900,000. She promised to pay the loan semi-annually in 3
ACTS bonds? years. The semi-annual payment is P183,026.37 if money is worth 12%
a. ₱109,270.00 b. ₱97,700.00 c. ₱92,200.00 d. ₱92,700.00
32.It is fixed period of time (in years) at which the bond is redeemable as stated in the bond certificate; 5. A consumer loan worth P30,000 is to be repaid in 12 months at 9% convertible monthly. How much
number of years from time of purchase to maturity date. is the monthly payment?
a. Term b. Rate c. Stock Yield Ratio d. Bond Yield Ratio
33. Mrs. Scarlet owns 65 bonds with a par value of ₱2,000 each and pays 10 % interest. What annual 6. Mr. Ribaya paid P200,000 as down payment for a car. The remaining amount is to be settled by
income does Mrs. Scarlet get from these bonds? paying P16,200 at the end of each month for 5 years. If interest is 10.5% compounded monthly, what is
a. ₱10,000.00 b. ₱11,000.00 c. ₱12,000.00 d. ₱13,000.00 the cash price of his car?
34. Find the yield on ₱5,000.00, 12% ACTS bond priced at 95 plus ₱20 commission.
a. 11.58% b. 12.58% c. 13.58% d. 14.58% 7. In order to save for her high school graduation, Marie decided to save P200 at the end of each
35. It is a money lent especially for a business purpose. month. If the bank pays 0.250% compounded monthly, how much will her money be at the end of 6
a. Business Loan b. Consumer Loan c. Collateral d. Term of the Loan years?
36. It is a money lent to an individual for personal or family purpose.
a. Business Loan b. Consumer Loan c. Collateral d. Term of the Loan 8. Paolo borrowed P100,000. He agrees to pay the principal plus interest by paying an equal amount of
37. It is a financial obligation of paying someone a certain amount for the use of his/her money money each year for 3 years. What should be his annual payment if interest is 8% compounded
a. Business Loan b. Consumer Loan c. Loan d. Amortization annually?
38. It is gradual extinction of a debt, principal, and interest, by sequence of equal periodic payments or
installment payments due at the ends of equal intervals of time. 9.Find the simple interest on a loan of ₱65,000.00 if the loan is given at a rate of 2% and is due in 5
a. Business Loan b. Consumer Loan c. Loan d. Amortization years and 3 months?
39. It is a business loan or consumer loan that is secured with a collateral.
a. Mortgage b. Collateral c. Loan d. Amortization 10. How much money will you have after 4 years if you deposited ₱10,000.00 in a bank that pays 6%
simple interest?

40. An asset that can secure a loan.

II-Solve the following problems completely. Write your complete solutions in a separate sheet of
paper.