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WorksheetsShort Quiz in General Mathematics
Total questions: 10
Worksheet time: 8mins
What is a branch of mathematics dealing with symbols and the rules for manipulating those symbols?
Geometry
Algebra
Calculus
General Mathematics
What kind of interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments?
Simple Interest
Deferred Annuity
Compound Interest
Simple Annuity
What formula do we use if we are going to solve the Future Value of a compound interest if the problem is compounding more than once a year?
What would be the value of "m" if the frequency of conversion is compounded bimonthly?
4
2
6
12
What is the value of time in years if it is 30 months?
1.5 years
3 years
2.5 years
1.25 years
Which of the following is NOT an example of Annuity?
Car loan payments
Pension
Insurance premiums
Depositing in the bank
What do we call an Interest rate per period?
Rate
Periodic Payment
Periodic rate
Present Value
Which of the following is the notation for "total number of payments"?
m
n
k
r
Future Value in General Annuity
Future Value in Simple Interest
Future Value in Compound Interest
Future Value in Deferred Annuity
Present Value in General Annuity
Present Value in Simple Annuity
Present Value in Simple Interest
Present Value in Deferred Annuity
