Summative Test 4 Quarter 2

Which of the following refers to the money lent specifically for a business purpose?

• Collateral

• Business Loan

• Mortgage

• Consumer Loan

Which of the following illustrates consumer loan?

• Mrs. Alonzo decided to take her family for a vacation. To cover the expenses, she decided to apply for a loan.

• Ms. Reyes runs a trucking business. She wants to buy three more trucks for expansion of her business. She applied for a loan in a bank.

• Mr. Lim wants to have another branch for his cellphone repair shop. He decided to apply for a loan that he can use to pay for the rentals of the new branch.

• Mr. Samson owns a Siomai food cart business. He wants to put another food cart on a new mall in the other city. He decided to have a loan to establish the new business.

What is the amount of mortgage if a house is sold for ₱2,000,000 and the bank requires 25% down payment?

• ₱500,000

• ₱1,000,000

• ₱1,500,000

• ₱2,500,000

A person borrowed ₱1,000,000 for the purchase of a car. What is the total amount of interest if his monthly payment is ₱35,500 on a 4-year mortgage?

• ₱704,000

• ₱1,130,000

• ₱1,426,000

• ₱1,704,000

Which of the following is NOT a proposition?

• 1+1=11

• Good Luck!

• All integers are rational numbers.

• Mindanao is an island in the Philippines.

Which of the following is a compound proposition?

• Don’t cheat!

• 120−5!=0

• An odd number is also a prime number.

• It is not the case that 1 is a prime number.

Which of the following illustrates the DISJUNCTION of p and q?

• Manila is the capital of the Philippines and all prime numbers are odd.

• If Manila is the capital of the Philippines, then all prime numbers are odd.

• Either Manila is the capital of the Philippines, or all prime numbers are odd.

• Manila is the capital of the Philippines if and only if all prime numbers are odd.

Which of the following expresses the compound proposition ~q?

• Some prime numbers are odd.

• All prime numbers are not odd.

• It is not the case that all prime numbers are not odd.

• It is not the case that some prime numbers are odd.

Which of the following is illustrated by the compound proposition “If all prime numbers are odd, then Manila is not the capital of the Philippines.”?

• ~q→(~p)

• q→p

• p→(~q)

• q→(~p)

Which of the following is illustrated by the compound proposition “Manila is not the capital of the Philippines if and only if all prime numbers are odd.”?

• ~p→q

• ~p↔q

• ~p↔~q

• p↔q