Final Quiz 2 - Mathematics in The Modern World
Final Quiz 2 - Mathematics in The Modern World
State Finished
Completed on Sunday, 11 December 2022, 1:59 AM
Time taken 2 mins 40 secs
Marks 10.00/10.00
Grade 100.00 out of 100.00
Question 1
Correct
Select one:
a. Electricity bill
b. Monthly rental
c. Water bill
d. Monthly wage
Question 2
Correct
Select one:
a. Bond determination
b. Bond interest
c. Bond validation
d. bond evaluation
Question 3
Correct
Select one:
a. Compound value
b. Effective ratel
c. Nominal rate
d. Present value
Question 4
Correct
Select one:
a. Bond
b. Interest
c. Compound interest
d. Annuity
Question 5
Correct
It represents the interest earned date or coupon date also referred to as coupon annuity payments
Select one:
a. Periodic payment
b. Borrowed principal
c. bond
d. annuity
Question 6
Correct
It is an interest bearing contract which obligates the borrower to make payments of interest and principal on specific dates to the holder of the
bond
Select one:
a. loan
b. annuity
c. check
d. bond
Question 7
Correct
Select one:
a. Deferred annuity
b. Annuity due
c. Ordinary annuity
d. Exact annuity
Question 8
Correct
What is the present worth of a Php 1000 annuity over a 10-year period if interest rate is 8%?
Select one:
a. 7896.00
b. 6234.80
c. 6710.00
d. 8976.00
Question 9
Correct
If money is worth 4% compounded monthly ,what payment at the end of each quarter will replace payments of Php 500.00 monthly
Select one:
a. 1,505.00
b. 1,565.00
c. 1,500.00
d. 1,525.00
Question 10
Correct
Select one:
a. Contingent Annuity
b. Annuity due
c. Ordinary annuity
d. Annuity certain