GenMath Reviewer 2
Authored by MON PH
Mathematics
University
CCSS covered
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71 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person (or institution) who invests the money or makes the funds available.
Creditor
Debtor
Borrower
Mortgagor
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the date on which money is received by the borrower?
Annually
Maturity Date
Origin
Repayment Date
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person (or institution) who owes the money or avails of the funds from the lender.
Mortgagee
Creditor
Lending Company
Debtor
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is in percent, charged by the lender, or rate of increase of the investment.
Rate
Principal
Interest
Time/Term
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount after t years; that the lender receives from the borrower on the maturity date.
Principal
Accumulated Value
Present Value
Interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the amount paid or earned for the use of money?
Interest
Payment
Penalty
Investment
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The type of interest that is computed solely on the principal and then added to it.
General Annuity
General Annuity
Simple Interest
Compound Interest
Tags
CCSS.HSF.BF.A.2
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