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Finance and Logic Quiz

Total questions: 36

Worksheet time: 1hrs 16mins

Name
Class
Date
1.

The simple interest formula is I = Prt, the t represents

(a)  

2.

The interest from the previous year also earns interest, a statement that describes

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3.

The simple interest formula is

(a)  

4.

Future value is the sum of all the payments to be made during the entire term of the annuity.

(a)  

5.

The future value of an annuity means the total value of all payments at the end of the term.

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6.

Outflows is the cash that can be represented by a

(a)  

7.

The ownership certificates of a company that are also known as shares or equity is called

(a)  

8.

A stock dividend is the

(a)  

9.

Before finding the future value of a monthly annuity, the annual interest rate

(a)  

10.

Consumer loan is the loan that intends to spend for personal, family or household purposes.

(a)  

11.

An exclamatory sentence may never describe a proposition.

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12.

Investing in a cooperative that offers an interest rate of 10% compounding annually for 2 years will yield

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13.

Compound interest is based only on the principal is a statement that is NOT true.

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14.

If the interest conversion or compounding period is equal or the same with the payment interval, the type of annuity is

(a)  

15.

Someone buy a bond instead of a stock because it is

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16.

Bonds generally have outperformed the stock market over the last 100 years is NOT

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17.

Which company is it better to invest?

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18.

Company’s financial statement does NOT directly describe

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19.

Consumer loan has higher interest than a

(a)  

20.

The proposition “Time is an independent variable.” correctly read “Time is a proposition.”

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21.

Light travels 186,000 miles per second is a

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22.

The type of conditionals being depicted by the conditional statement is

(a)  

23.

Some dedicated people are teachers. All teachers are public servants.

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24.

The annual interest rate is 16% compounded quarterly. To find the rate per period,

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25.

Money grows faster with compound interest than with simple interest because

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26.

To determine its present value, the conclusion is most appropriate

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27.

Divide total dividends by

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28.

Her father’s business loan will likely have a longer payment term than Maria’s consumer loan.

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29.

Given the simple propositions: A person prioritizes own spiritual growth and B: One satisfies own desires.

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30.

Apply the conjunction (and) operation to combine these propositions: p: “The teacher is present” q: “There is a class.”

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31.

The logical equivalence (q ∧ ¬p) ∨ (q ∧ p) ⇔ q ∧ (¬p ∨ p) is

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32.

The compound statement is true if p = T and q = F.

(a)  

33.

The propositions (¬p → q) ∨ (p ∧ q) has a truth value of false if p is false and q is true.

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34.

The present value of a deferred annuity of ₱1,500 every 3 months for 8 years that is deferred 3 years if money is worth 6% compounded quarterly is

(a)  

35.

It is important to understand conditional propositions

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36.

You can construct a valid argument using propositions

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