QUIZ IN GENERAL MATHEMATICS

1. Given that 𝐼𝑠 = 3,750, r = 2.5% and t = 3 years, what is the principal or present value?

• A. ₱500
• B.₱5,000
• C. ₱50,000
• D. ₱500,000

2. If the investment amounting to ₱45,000 earned an interest of ₱3,500 how much will be the maturity value?

• A.₱41,500
• B.48,500

3. What is the frequency of conversion if the annual rate is compounded monthly?

• A. 2
• B. 3
• C. 4
• D. 12

4. The simple interest formula is I = Prt. What does the t represent?

• A. Principle
• B. Interest
• C. Time
• D. Percent rate

5. Which interest is computed on the principal and then added to it?

• A. Simple Interest
• B. Annuity due
• C. Compound Interest
• D. Ordinary annuity

6. Which of the following describes rate (r)?

• A. It is the amount of money borrowed or invested on the origin date.
• B. It is the amount paid or earned for the use of money.
• C. It is charged by the lender, or rate of increase of the investment
• D. It is computed on the principal and also on the accumulated past interests.

7. What type of interest where the interest from the previous year also earns interest?

• A. Principal
• B. Time
• C. Simple Interest
• D. Compound Interest

8. What is log5 25?

• A. 5
• B. 4
• C.3
• D. 2

9. Find the value of x in the logarithmic inequality log3(2x- 1) > log3(x + 2)

• A. x > 3
• B. x < 2
• C. x < 3
• D. x < -2

10. What is the value of log216=X ?

• A. 4
• B. 10
• C. 15
• D. 50