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General Mathematics Quarter 2 - Week 2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

It is who invests the money or makes the funds available.

a)

Lender

b)

Borrower

c)

Origin or Loan Date

d)

Repayment date

2.

It is who owns the money or avails of the funds from the lender.

a)

Lender

b)

Borrower

c)

Origin or Loan Date

d)

Repayment date

3.

It is the date on which money is received by the borrower.

a)

Lender

b)

Borrower

c)

Origin or Loan Date

d)

Repayment date

4.

It is the date on which money is received by the borrower.

a)

Lender

b)

Borrower

c)

Origin or Loan Date

d)

Repayment date

5.

It is the amount of time in years the money is borrowed or invested; length of time between the origin and maturity dates.

a)

Time or term

b)

Principal

c)

Rate

d)

Investment

6.

It is the amount of money borrowed or invested on the origin date.

a)

Time or term

b)

Principal

c)

Rate

d)

Investment

7.

It is usually in percent, charged by the lender, or rate of increase of the investment.

a)

Time or term

b)

Principal

c)

Rate

d)

Investment

8.

It is the amount paid or earned for the use of money.

a)

Time or term

b)

Principal

c)

Rate

d)

Interest

9.

It is the amount after 𝑡 years, that the lender receives from the borrower on the maturity date.

a)

Time or term

b)

Principal

c)

Maturity Value

d)

Interest

10.

It is the number of conversion periods in one year

a)

Time or term

b)

Frequency of conversion

c)

Maturity Value

d)

Interest