QUIZ REVIEW IN GEN. MATH -2ND QUARTER HONESTY

Which of the following is the inverse of a logarithmic function?

• Absolute value function

• Exponential function

• Polynomial function

• Radical function

• 16

• 32

• 64

• 128

Which of the following is the correct formula for simple interest?

• A. A = P(1 + rt)

• B. A = P + I

• C. I = Prt

• D. I = P/rt

Log₁₀ 100 = 2 means that:

• A. 100 is divided by 10 to get 2.

• B. 2 is multiplied by 100 to get 10.

• C. 2 is the base and 10 is the exponent.

• D. 10 is raised to the power of 2 to get 100.

What is the value of log₁₀₀ 1?

• -1

• 0

• 1

• 10

What is an annuity?

• A single lump-sum payment

• A payment made once a year

• A variable payment made at irregular time intervals

• A series of equal payments made at equal time intervals

What do you call an annuity where payment periods and compounding periods are not equal?

• Deferred annuity

• General annuity

• Simple annuity

• Percentage annuity

Which of the following is an example of a simple annuity?

• Monthly payments with monthly compounding

• Monthly payments with quarterly compounding

• Quarterly payments with semiannual compounding

• Semiannual payments with annual compounding

This refers to the sum of future values of all the payments to be made during the entire term of the annuity.

• Periodic payment

• Term of an annuity

• Amount of an annuity

• Present value of an annuity

This refers to the sum of present values of all the payments to be made during the entire term of the annuity.

• Periodic payment

• Term of an annuity

• Amount of an annuity

• Present value of an annuity