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Final Quiz 2 - Mathematics in The Modern World

Mathematics in the modern world
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0% found this document useful (0 votes)
59 views4 pages

Final Quiz 2 - Mathematics in The Modern World

Mathematics in the modern world
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

Started on Sunday, 11 December 2022, 1:56 AM

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

Mark 1.00 out of 1.00

Which is regarded as an annuity?

Select one:
a. Electricity bill
b. Monthly rental
c. Water bill
d. Monthly wage

Question 2
Correct

Mark 1.00 out of 1.00

The process of determining the current value of a bond

Select one:
a. Bond determination
b. Bond interest
c. Bond validation
d. bond evaluation

Question 3
Correct

Mark 1.00 out of 1.00

It refers to the bond rate or coupon rate

Select one:
a. Compound value
b. Effective ratel
c. Nominal rate
d. Present value
Question 4

Correct

Mark 1.00 out of 1.00

It is a sequence of equal payments made at equal periods

Select one:
a. Bond
b. Interest
c. Compound interest
d. Annuity

Question 5
Correct

Mark 1.00 out of 1.00

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

Mark 1.00 out of 1.00

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

Mark 1.00 out of 1.00

Annuity where payment is done at the end of the term

Select one:
a. Deferred annuity
b. Annuity due
c. Ordinary annuity
d. Exact annuity

Question 8
Correct

Mark 1.00 out of 1.00

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

Mark 1.00 out of 1.00

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

Mark 1.00 out of 1.00

It is one which payment begin and end at fixed times.

Select one:
a. Contingent Annuity
b. Annuity due
c. Ordinary annuity
d. Annuity certain

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