GRAND SUMMATIVE TEST IN BUSINESS MATHEMATICS - GENERAL MATHEMATICS

If you invest 10,000 pesos at an annual interest rate of 5% compounded annually, how much will you have after 10 years?

• Php16,288.94627

• Php20,291.8329

• Php17,682.98021

• Php15,249.23

A savings account offers an interest rate of 4.5% per annum, compounded quarterly. If you deposit 15,000 pesos, how much will you have in the account after 6 years?

• Php20,120.56212

• Php19.628.92109

• Php21,800.82121

• Php19,533.90187

You want to save 50,000 pesos for a down payment on a house in 8 years. If you can earn an annual interest rate of 6% compounded annually, how much should you initially invest to reach your goal?

• Php80,219.32193

• Php78,213.23921

• Php79,692.40373

• Php79,213.92132

If you borrow 20,000 pesos at an annual interest rate of 7%, compounded semi-annually, what will be the total amount you owe after 2 years?

• Php20,892.8

• Php21,424.5

• Php21,092.2

• Php22,921.6

After the public announcement of the merger of two firms an investor makes abnormal returns by going long on the target firm and short on the acquiring firm. This most likely violates w, which form market of efficiency?

• Semi-strong form only

• Weak and semi strong forms

• Semi-strong and strong forms

• None of the above

A theory of efficient markets that stock prices already incorporate publicly available information only.

• Strong form

• Semi-strong form

• Weak form

• Technical form

If a securities market is efficient, it is most like that:

• Security prices would react only to the “unexpected” elements of information.

• Investors would prefer active investment strategies to passive investment strategies.

• The time frame for price adjustment allows many traders to earn profits with little risk.

• All of the above

Which best describe Technical Analysis?

• Analysis of past prices

• Future stock prices

• Sales and profits

• None of these

A theory of efficient market that stock prices already incorporate all past market trading data and information.

• Srong Form

• Semi Strong Form

• Weak Form

• Fundamental Form

A newly married couple decided to buy a new set of television. The store they went to offers deferred payment. They decided to pay quarterly payments of ₱5,000 for 3 years that will start at the end of 3 months. How much is the cost of the television set if the interest rate is 5% compounded annually?

• ₱40, 800.05

• ₱35, 580.100

• ₱44, 821.406

• ₱43, 182.151