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WorksheetsGeneral Mathematics Summative Test
Total questions: 25
Worksheet time: 25mins
An amount paid or earned for the use of money is called ______________.
Loan
Interest
Investor
Savings
A principal of Php2,000 is placed in a savings account at 0.1% per annum compounded annually. How much is in the account after one year?
Php2,002
Php2,020
Php2,200
Php2,220
Payments of Php1,000 each are made at the beginning of each year with interest compounded quarterly is an example of _________ annuity.
Simple Annuity
General Annuity
Annuity Certain
Contingent Annuity
What is the truth value of the compound proposition, 'If two is odd, then it is not divisible by two'.
True
False
Undecidable
All of these
Which of the following is NOT a proposition?
Today is a holiday.
It is not true that Jose Rizal is a hero.
Davao is the city of majestic waterfalls.
I am lying.
A food corporation declared a dividend of Php25,000,000 for its common stock. Suppose there are 5,000 shares of common stock, how much is the dividend per share?
Php20,000
Php30,000
Php5,000
Php50,000
Variable P in simple interest formula when you are the creditor stands for?
Original Amount borrowed
Original Amount invested
Maturity Amount Borrowed
Maturity Amount invested
Which of the following describes rate (r)?
It is the amount of money borrowed or invested on the origin date.
It is the amount paid or earned for the use of money.
It is charged by the lender, or rate of increase of the investment
It is computed on the principal and also on the accumulated past interests.
Given that P = ₱5,250, r = 1.25% and t = 5 years, find the simple interest.
₱32,812.50
₱3,281.25
₱328.13
₱32.82
A form of equity financing or raising money by allowing investors to be part owners of the company.
Stocks
Stock Market
Market Value
Dividend
The current price of stock at which it can be sold.
Par Value
Market Value
Dividend
Stock Market
A place where stocks can be bought or sold which is governed by PSE.
Government Financial Institutions
Banks
Stock Market
None of these.
The face value or per share amount which is stated in the Stockholder's Certificate.
Dividend Per Share
Stock Yield Ratio
Market Value
Par Value
A food corporation declared a dividend of Php25,000,000 for its common stock. Suppose there are 180,000 shares of common stock, how much is the dividend per share? Round to the nearest centavo.
Php138.89
Php138.99
Php139.89
Php139.99
The Henley’s took out a new home loan for P195,000 at a simple interest rate of 4.3%. How much will they pay in interest after 30 years?
P446,550
P2515.50
P25,155
P251,550
It is a type of secured loan that makes use of real property such as house or lot as collateral.
Amortization
Mortgage
Documentation
Guarantor
A sequence of payments made at equal (fixed) intervals or periods of time
Annuity
Bond
Stocks
Income
An annuity where the payment interval is the same as the interest period
Simple Annuity
General Annuity
Ordinary Annuity
Annuity Certain
A type of annuity in which the payments are made at the end of each payment interval.
Simple Annuity
General Annuity
Ordinary Annuity
Annuity Certain
Periodic interest payment that the bondholder receives during the time between purchase date and maturity date
Coupon
Share
Bond
Par Value
It is a declarative sentence that is either true or false, but not both.
Statement
Proposition
Conjunction
Argument
Which of the following is an example of simple proposition?
If x+4 = 3, then x = -1
Right angle measures 90 degrees.
Either 2 or 1 is the value of x in the equation x2+2x-2.
All of these
Which of the following is an example of compound proposition?
If a polygon has 3 sides, then it is a triangle.
It is not the case that is a rational number.
Either Mathematics is fun and interesting, or it is boring.
All of these
Identify the hypothesis of the given conditional statement: If it is raining outside, then you will need an umbrella.
Raining
It is raining outside
You need an umbrella
If it is raining outside, then you will need an umbrella
Statements that have the same truth value are called .
Equal
Logically Equivalent
Logically Inequality
Congruent
