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    2nd Grading Gen Math 2017-2018 Edited

    Uploaded by

    Mariel Villanueva
    This document contains a 30-item test on general mathematics for senior high school students. The test covers topics such as simple interest, compound interest, annuities, present and future value. It provides the instructions, questions, and rubric for scoring. The test was prepared by Mariel G. Villanueva and administered to assess student learning after the second quarter. It wishes students good luck and enjoyment of their upcoming semester break.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    2nd Grading Gen Math 2017-2018 Edited

    Uploaded by

    Mariel Villanueva
    19 views2 pages
    This document contains a 30-item test on general mathematics for senior high school students. The test covers topics such as simple interest, compound interest, annuities, present and future value. It provides the instructions, questions, and rubric for scoring. The test was prepared by Mariel G. Villanueva and administered to assess student learning after the second quarter. It wishes students good luck and enjoyment of their upcoming semester break.

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    General Mathematics

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    This document contains a 30-item test on general mathematics for senior high school students. The test covers topics such as simple interest, compound interest, annuities, present and future value. It provides the instructions, questions, and rubric for scoring. The test was prepared by Mariel G. Villanueva and administered to assess student learning after the second quarter. It wishes students good luck and enjoyment of their upcoming semester break.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    19 views2 pages

    2nd Grading Gen Math 2017-2018 Edited

    Uploaded by

    Mariel Villanueva
    This document contains a 30-item test on general mathematics for senior high school students. The test covers topics such as simple interest, compound interest, annuities, present and future value. It provides the instructions, questions, and rubric for scoring. The test was prepared by Mariel G. Villanueva and administered to assess student learning after the second quarter. It wishes students good luck and enjoyment of their upcoming semester break.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    COLON NATIONAL HIGH SCHOOL

    Colon, Maasim, Sarangani Province


    Integrated Senior High School
    SHS ID: 341635

    Second Quarter Examinations (General Mathematics)

    Name Grade & Section


    Subject Teacher Mariel G. Villanueva Score

    DIRECTION. Write the letter of the correct answer in the space provided. You are allowed to use calculator.
    Your score will be evaluated using the rubrics below.

    Item Numbers Correct Answer Wrong Answer


    1 to 15 1 point Zero
    16 to 30 3 points 1 point

    For items 1 to 10, match the terms in Column A with their definitions in Column B.

    _____1. Principal a. Time money is borrowed.

    _____2. Term b. Percentage of increase of investment

    _____3. Interest c. Amount of money borrowed or invested

    _____4. Maturity value d. Amount added by the lender, to be received on


    repayment date
    _____5. Interest rate
    e. Amount received on repayment date.

    _____6. Annuity a. A sequence of payments made at equal (fixed)


    intervals or periods of time
    _____7. Term
    b. Time between the first payment interval and last
    _____8. Regular Payment payment interval

    _____9. Future Value c. The amount of each payment

    _____10. Present Value d. The sum of future values of all the payments to
    be made during the entire term of the annuity

    e. The sum of future values of all the payments to


    be made during the entire term of the annuity

    _____11. The original amount of money that people save or invest is known as

    a. Interest b. Principal c. Seed money d. Compound interest

    _____12. The amount an investment will be worth after one or more periods of time is called

    a. future value b. present value c. principal value d. discounted value

    _____13. When the term is 3 years and 6 months and money is compounded semi – annually, the
    total number of conversion periods is

    a. 3 b. 7 c. 9 d. 18

    _____14. When money is compounded monthly, the frequency of conversion is

    a. 2 b. 4 c. 6 d. 12

    _____15. If the total number of conversion periods is 12 and the term is 6 years, then the money is
    compounded

    a. annually b. semi – annually c. quarterly d. monthly


    SIMPLE INTEREST COMPOUND INTEREST
    _____16. P 8,000 is invested at 12% single _____24. How long would it take for P 5000
    interest. What is the amount at the end of 2 invested at 5% compounded annually to
    years? a. 5 years b. 7 years
    a. P9,600 b. P8,960 c. 10 years d. 14 years
    c. P8,240 d. P9,920
    PRESENT VALUE OF ORDINARY ANNUITY
    SIMPLE INTEREST _____25. What present value, compounded
    _____17. At what rate of interest should P2, 400 quarterly at 6%, will become P 59, 780.91 in
    be invested so that it will earn P880 in 8 3 years?
    months? a. 49,780.91 b. 50,780.19
    a. 6 ½% b. 5 ½% c. 49,984.04 d. 50,000.76
    c. 5% d. 6%
    FUTURE VALUE OF ORDINARY ANNUITY
    FUTURE VALUE OF SIMPLE INTEREST ______26. Muaz will need P 130, 000 in 4 years to
    _____18. How much would be paid on a bank loan buy a piece of property. He plan to save
    of P30, 000 a year at 12% annual money by making equal quarterly deposits
    interest? into an account earning 6.1% compounded
    a. P3, 240 b. P33,600 quarterly. What is Muaz’s quarterly
    c. P2, 800 d. P3, 600 deposit?
    a. P 7, 235.51 b. P 9, 218.01
    FUTURE VALUE OF SIMPLE INTEREST c. P 871.18 d. P 1, 110.69
    _____19. How long will an amount of money
    double at a simple interest rate of 2%? FUTURE VALUE OF ORDINARY ANNUITY
    a. 20 years b. 30 years _____27. What is the future value of $2,400 a year
    c. 40 years d. 50 years for three years at an 8 percent rate of
    interest?
    FUTURE VALUE OF SIMPLE INTEREST a. $6,185.03 b. $6,847.26
    _____20. At what simple interest rate will an c. $7,134.16 d. $7,791.36
    amount of money double itself in 10 years?
    a. 5% b. 10% FUTURE VALUE OF ORDINARY ANNUITY
    c. 15% d. 20% _____28. You would like to have $1,000 one year
    (365 days) from now and you find that the
    COMPOUND INTEREST bank is paying 7% compounded daily. How
    _____21. Annie deposited P 100,000 in a bank that much will you have to deposit with the bank
    pays 12% compounded interest annually. today to be able to have the $1,000?
    How much money she will have after 3 a. $ 934.58 b. $ 933.51
    years? c. $ 932.40 d. $ 934.50
    a. P 140,492.00 b. P100,404.00
    c. P 68,147.00 d. P 60,000.00 PRESENT VALUE OF ORDINARY ANNUITY
    _____29. A young couple buys their dream house.
    COMPOUND INTEREST After paying their down payment and
    _____22. Thirty years ago, your father invested closing costs, the couple has borrowed
    11,000. Today, that investment is worth $400,000 from the bank. The terms of the
    287, 047. What is the average annual mortgage are 30 years of monthly payments
    rate of return of your father earned on his of 6% with monthly compounding. What
    interest? is the monthly payment for the
    a. 11.14% b. 11.27% couple?
    c. 11.387% d. 11.49% a. $2,398.20 b. $2,421.63
    c. $2,697.98 d. $2,700.00
    COMPOUND INTEREST
    _____23. Gloria deposited P6000 at 8% COMPOUND INTEREST
    compounded annually interest for 4 years. _____30. Uncle Fester puts $50,000 into a bank
    What is total amount? account earning 6%. You can't withdraw the
    a. P2, 162. 93 b. P7, 558.27 money until the balance has doubled. How
    c. P1, 558.27 d. P8, 162.93 long will you have to leave the money in the
    account?
    a. 9 years b. 10 years
    c. 11 years d. 12 years

    End of the Test


    Good Luck and God Bless
    “Enjoy your semestral break”
    Prepared by

    MARIEL G. VILLANUEVA
    Subject Teacher

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