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2NDQUARTERGENMATHEXAM

The document is a 2nd Quarter Examination for General Mathematics, consisting of multiple-choice questions covering various mathematical concepts such as interest rates, annuities, and financial calculations. It includes questions about simple and compound interest, present and future values, and the definitions of financial terms. The exam is structured for students to select the correct answer for each question.

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Kristine Tagalo
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0% found this document useful (0 votes)
10 views

2NDQUARTERGENMATHEXAM

The document is a 2nd Quarter Examination for General Mathematics, consisting of multiple-choice questions covering various mathematical concepts such as interest rates, annuities, and financial calculations. It includes questions about simple and compound interest, present and future values, and the definitions of financial terms. The exam is structured for students to select the correct answer for each question.

Uploaded by

Kristine Tagalo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 9

2nd Semester S.Y.

2022-2023

2nd Quarter Examination


GENERAL MATHEMATICS

Name: __________________________________________________________________ Date:___________________

Strand/Yr. & Sec:__________________________________________________________Score:___________________

Test I – Multiple Choice


Direction: Select the correct answer for each of the following questions. Encircle only one answer for each
item corresponding to the letter of your choice.

1. Five (5) is odd and prime. The conjunction is ____


A. True C. note sure
B. False D. All of the above
2. Which of these is the symbol for the statement, “Either Mathematics is fun and interesting or it is boring.”
A. p ˄ q C. p <---> q
B. p v q D. p ----> q
3. It is the amount of money after a certain time of investment.
A. Future Value C. Principal
B. Compound Interest D. Investment
4. It is the amount of time in years the money is borrowed or invested.
A. Rate C. 1 and a half year
B. Time D. None of the above
5. It is the date on which money is received by the borrower.
A. Annually C. Yearly
B. Origin Date D. Maturity Date
6. It is the amount of money borrowed or invested on the origin date.
A. Simple Interest C. Maturity Value
B. Principal D. Compound Interest
7. Which of the following is Simple Interest?

A B
Year Interest Year Interest
1 (10,000) ( .005) (1) 1 (10,000) ( .005) (1)
2 (10,050) ( .005) (1) 2 (10,000) ( .005) (2)
3 (10,100.25) ( .005) (1) 3 (10,000) ( .005) (3)
4 (10,150.75) ( .005) (1) 4 (10,000) ( .005) (4)
5 (10,201.50) ( .005) (1) 5 (10,000) ( .005) (5)

A. Relationship A C. Both A and B


B. Relationship B D. None of the above
8. Based on the choices given on number 7, which of the following is compound interest? (3 pts)
A. Relationship A C. Both A and B
B. Relationship B D. None of the above
9. A person who owes the money or avails of the funds from the lender.
A. Creditor C. Co-maker
B. Debtor D. Borrower
10. It is a date on which money borrowed or loan is to be completely repaid.
A. Interest rate C. Monthly
B. Origin Date D. Maturity Date
11. It is the amount paid or earned for the use of money.
A. Time C. Interest rate
B. Interest D. Percent
13. It has an interest that is computed on the principal and then added to it.
2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 1
A. Simple Interest C. Maturity Value
B. Principal D. Compound Interest
14. It is the money received by a lender from the borrower on maturity date.
A. Future Value C. Principal
B. Compound Interest D. Investment
15. Mr. Raqueño borrowed 60,000 from Mr. Roberonta agreeing on a 2% interest rate to be paid annually for
18 months. On the given situation, identify which of the persons involved is a creditor?
A. Mr. Raqueño C. Both A and B
B. Ms. Roberonta D. None of the Above
16. It has an interest computed on the principal and also on the accumulated past interests.
A. Simple Interest C. Maturity Value
B. Principal D. Compound Interest
17. Dr. Frial deposited money in a bank for 10 years with a 1.2% interest per annum. On the given situation,
identify the amount of principal.
A. 10 years C. 0.012
B. per annum D. None of the Above
18. If you were to invest money at Landbank of the Philippines, what kind of interest will make you more
earnings?
A. Simple Interest C. Maturity Value
B. Principal D. Compound Interest
19. Mr. Caoile has a debt of 5,000 from Mrs. Rabena, who is Mr. Caoile on this situation?
A. Lender C. Receiver
B. Borrower D. All of the Above
20. This is a sequence of payments made at equal (fixed) intervals or periods of time?
A. Simple Interest C. Maturity Value
B. Annuity D. Compound Interest
21. An annuity where the payment interval is the same as the interest period.
A. Simple Annuity C. General Annuity
B. Ordinary Annuity D. Annuity certain
22. An annuity where the payment interval is not the same as the interest period
A. Simple Annuity C. General Annuity
B. Ordinary Annuity D. Deferred annuity
23. Find the present value of an ordinary annuity of P5,000 payable semi-annually for 10 years if money is
worth 6% compounded semi-annually. (3 pts)
A. P74,387.37 C. P84,387.37
B. P134,351.87 D. P143,387.87
24. Find the future value of an ordinary annuity of P5,000 payable semi-annually for 10 years if money is worth
6% compounded semi-annually. (3 pts)
A. P74,387.37 C. P290,076.28
B. P134,351.87 D. P84,387.87
25. Richard started to deposit P1,000 monthly in a fund that pays 6% compounded quarterly. How much will
be in the fund after 15 years? (3 pts)
A. P74,387.37 C. P290,076.28
B. P134,351.87 D. P84,387.87
26. Ilocos Sur National High School Cooperative offers 0.25% annual simple interest rate for a particular
deposit. How much interest will be earned if 1 million pesos is deposited in this savings account for 1 year? (3
pts)
A. P2,000.00 C. P3,000
B. P2,500.00 D. P3,500
27. When invested at an annual interest rate of 7%, an amount earned P11,200 of simple interest in two years.
How much money was originally? (3 pts)
A. P75,000.00 C. P85,000
B. P80,000.00 D. P90,000
28. Mr. Raqueño borrowed P5,000 at 5% annual simple interest rate. If he decided to pay after 1 year and 3
months, how much should he pay by then? (3 pts)
A. P5,312.50 C. P5,512.50
B. P5,412.50 D. P5,612.50
2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 2
29. When money is compounded monthly, the frequency of conversion is _______________?
A. 4 C. 2
B. 12 D. 6
30. When the annual interest rate is 16% compounded quarterly the interest rate per conversion period is.
__________?
A. 4% C. 2%
B. 12% D. 7%
31. If the interest rate per conversion period is 1% and money is compounded monthly, the nominal rate is
________.
A. 4% C. 2%
B. 12% D. 7%
32. When the term is 3 years and 6 months and money is compounded semi-annually, the total number of
conversion periods is ________.
A. 4 C. 2
B. 12 D. 7
33. When the total number of conversion periods is 12 and the term is 6 years, then money is compounded.
A. quarterly C. semi-annually
B. monthly D. annually
34. Find the amount due in 8 years if P200,000 is invested at 12% compounded monthly? (3 pts)
A. P519,854.59 C. P19,533.90
B. P50,000.00 D. P178,738.30
35. How long will it take P1,000 to earn P300 if the interest is 12% compounded semi-annually? (3 pts)
A. 2 years C. 3 years
B. 2.5 years D. 3.5 years
36. This an annuity that does not begin until a given time interval has passed.
A. Simple Annuity C. General Annuity
B. Ordinary Annuity D. Deferred annuity
37. A form of equity financing or raising money by allowing investors to be part owners of the company.
A. Stocks C. Dividend
B. Bonds D. Market Value
38. A form of debt financing, or raising money by borrowing from investors.
A. Stocks C. Dividend
B. Bonds D. Market Value
39. A certain financial institution declared a P30,000,000 dividend for the common stocks. If there are a total
of 700,000 shares of common stock, how much is the dividend per share? (3 pts)
A. P42.56 C. P42.76
B. P42.66 D. P42.86
40. This is a valid argument which also satisfies the truth condition.
A. sound argument C. contradiction
B. bad argument D. tautology
41. This is an argument which does not satisfy either the validity condition or the truth condition is called a
bad argument.
A. sound argument C. contradiction
B. bad argument D. tautology
42. This is a proposition that is always true.
A. sound argument C. contradiction
B. bad argument D. tautology
43. This is a proposition that is always false.
A. sound argument C. contradiction
B. bad argument D. tautology
44. All squares are rhombus. The negation of the statement is ___________.
A. All squares are not rhombus C. Never all squares are rhombus
B. Not all squares are rhombus D. Rhombuses are not squares
45. All quadrilaterals are polygons. Which of the following is the copula?
A. all C. are
B. quadrilaterals D. polygons

2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 3


1) This refers to the interest charged on the principal alone for the entire duration or period
of the loan or investment.
A. Compound interest B. Future value C. Interest rate D. Simple
interest
2) This refers to the number of years for which the money is borrowed or invested.
A. Conversion period B. Interest rate C. Principal D. Time
3) Date on which money is received by the borrower.
A. Conversion period C. Maturity date
B. Loan date D. Repayment date
1
4) 3 % is equivalent to ________.
5
A. 0.0032 B. 0.032 C. 0.32 D. 3.2
5) An interest resulting from the periodic addition of simple interest to the principal amount.
A. Compound amount B. Compound interest C. Interest rate D. Simple
interest
6) What is the formula in computing the present value of F in a financial transaction involving
compound interest?
A. P=F ( 1+ i )−n B. P=F ( 1+ i )n C. P=F ( 1−i )−n D.
n
P=F ( 1−i )
7) The sum of future values of all the payments to be made during the entire term of annuity
is ________.
A. Annuity C. Future Value of an annuity
B. Present Value of an annuity D. Periodic Payment
8) The sum of all present values of all the payments to be made during the entire term of the
annuity is ________.
A. Periodic Payment C. Future Value of an annuity
B. Time of an Annuity D. Present Value of an annuity
9) It is an annuity where the payment interval is the same as the interest period.
A. Simple Annuity C. Annuity Certain
B. General Annuity D. Contingent annuity
10) It is a sequence of payments made at equal (fixed) intervals or periods of time.
A. Future Value of an annuity C. Annuity
B. Present Value of an annuity D. Periodic Payment
11) It is a term that refers to payments received (cash inflow).
A. General Annuity C. Cash Flow
B. General Ordinary Annuity D. Annuity Certain
12) It is refers to a single amount that is equivalent to the value of the payment stream
that shall date.
A. Future Value of a general annuity C. Fair market value
B. Present Value of a general annuity D. Periodic Payment
13) What is the other term for fair market value?
A. Cash flow C. Future Value of a general
annuity
B. Present Value of a general annuity D. Economic Value
14) It is an annuity that does not begin until a given time interval has passed.
A. Period of Deferral C. Present value of a deferred
annuity
B. Deferred Annuity D. Contingent annuity
15) It is a time between the purchase of an annuity and the start of the payments for
the deferred annuity.

A. Period of deferral C. Deferred annuity


B. General Ordinary Annuity D. Present value of a deferred
annuity
16) Measure of the value of a section of the stock market and is computed from the
price of selected stocks.
A. Stock Index B. Bid Size C. Bid Price D. Bonds
17) It is how many individual sell orders have been placed in the online platform and
the total number of shares these sellers wish to sell.
A. Bid Size B. Ask Size C. Ask Price D. Bid Price
18) It is a method of measuring the value of a section of the bond market.

2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 4


A. Stocks B. Bonds C. Stock Market D. Bond
Index
19) It is the price the sellers of the stock are willing to sell the stock.
A. Bid Price B. Bid Size C. Ask Price D. Ask Size

For nos. 20-24, refer to the choices below.


A. Business Loan B. Consumer Loan C. Stocks D. Bonds

20) Mr. Lim wants to have another branch for his cellphone repair shop. He decided to
apply for a loan that he can use to pay for the rentals of the new branch.
21) Trillas runs a trucking business. He wants to buy three more trucks for expansion of
his business. He applied for a loan in a bank.
22) Mrs. Alonzo decided to take her family for a vacation. To cover the expenses, she
decided to apply for a loan.
23) Glenn decided to purchase a condominium unit near his workplace. He got a loan
worth ₱2,000,000
24) Mr. Galang purchased renovated her house ₱80,000. This was made possible
because of an approved loan worth ₱75,000

25) What is the total number of conversion periods when a certain amount is borrowed
at 5.5% compounded quarterly for 4 years?
A. 4 B. 12 C. 16 D. 22
26) Find the simple interest on a loan of ₱65,000.00 if the loan is given at a rate of 8%
and is due in 6 years and 3 months.
A. ₱3,250.00 B. ₱31,200.00 C. ₱32,500.00
D. ₱46,800.00
27) Jamaico made a loan of ₱20,450.00 from a bank that charges 3% simple interest. How
much must he pay the bank after 2 years?
A. ₱1,227.00 B. ₱21,677.00 C. ₱32,720.00
D. ₱42,127.00
28) How much was the interest if Althea invested ₱30,400.00 and received a total of
₱40,300.00 at the end of the term?
A. ₱9,900.00 B. ₱30,400.00 C. ₱40,300.00
D. ₱70,700.00
29) How much is the future value on this financial transaction, P = ₱10,000.00, r = 5%,
and t = 3 year
A. ₱1,500.00 B. ₱11,500.00 C. ₱21,500.00
D. ₱25,000.00
30) Find the future value of an ordinary annuity with a regular payment of ₱1,000 at
5% interest rate compounded quarterly for 3 years.
A. ₱12,806.63 B. ₱12,860.36 C. ₱12,860.63 D.
₱12,806.36
31) Find the present value of an ordinary annuity with regular quarterly payments worth
₱1,000 at 3% annual interest rate compounded quarterly at the end of 4 years.
A. ₱15,024.31 B. ₱15,204.31 C. ₱15,402.31 D.
₱15,420.31
32) The statement “I am happy to see you.” Is classify as
A. Simple proposition C. Compound proposition:
Conjunction
B. Compound proposition: Negation D. Compound proposition:
Biconditional
33) Let p represent: “Netizens enjoyed tiktok application.”

q represents: “Netizens like the post in facebook.”


r represent: “Netizens watch youtube.”

Write the symbolic statement ~ (p ˅ q) → r in words


A. If the netizens enjoyed tiktok application and like the post in facebook, then
they watch
youtube.
B. If the netizens do not enjoy tiktok and watch youtube, then they like the post in
facebook.

2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 5


C. If it is not the case that the netizens enjoyed tiktok application or they like the
post in facebook,
then they watch youtube.
D. If the netizens do not enjoy tiktok application and like the post in facebook, then
they do not
watch youtube.
34) What is the interest rate per conversion period if ₱29,500.00 was invested at 2.5%
compounded semi-annually for 5 years and 4 months?
A. 0.0025 B. 0.0125 C. 0.025 D. 2.5
35) Edgardo invested ₱15,600.00 at 10.25% interest rate. How long will take for his
investment to earn an interest of ₱5,055.00?
A. 0.32 years B. 3.16 years C. 6.29 years
D. 30.11 years
36) A teacher saves ₱5,000 every 6 months in the bank that pays 0.25% compounded
monthly. How much will be her savings after 10 years?
A. ₱101,197.06 B. ₱101,179.06 C. ₱101,971.06 D.
₱101,791.06
37) Melvin availed of a loan from a bank that gave him an option to pay ₱20,000
monthly for 2 years . The first payment is due after 4 months. How much is the present
value of the loan if the interest rate is 10% converted monthly?
A. ₱422,795.78 B. ₱422,759.78 C. ₱422,579.78 D.
₱422,597.78
38) A family obtained a P1,000,000 mortgage. If the monthly payment is P38,000 for
four years, how much is the total interest paid?
A. ₱824,000.00 B. ₱834,000.00 C. ₱724,000.00 D.
₱624,000.00
39) At what interest rate compounded semi-annually will ₱ 15,000.00 accummulate to
₱ 25,000.00 in 10 years?
A. 2.05% B. 2.59% C. 4.05% D. 5.17%
40) ABC University anticipates additional expenses of ₱ 367,800.00 for a new equipment
needed for offering a new course 5 years from now. How much should be invested in an
account that earns 12% compounded monthly?
A. ₱62,427.83 B. ₱165,344.63 C. ₱202,455.37 D.
₱668,181.05
41. 1. A rule that relates values from a set of values (called the domain) to a second set of values (called the
range).
a. Relation b. Function c. Correlation d. none of these

2. A relation where each element in the domain is related to only one value in the range by some rule.
a. Relation b. Function c. Cofunction d. none of these

3. A graph represents a function if and only if each vertical line ____the graph at most once.
a. intersects b. bypass c. touches d. none of these

4. The _____ of a relation is the set of all possible values that the variable x can take.
a. range b. value c. domain d. none of these

5. The sum of 1/3 and 2/5 is _____.


a. 15/11 b. 11/5 c. 2/15 d. none of these

6. The product of 10/21 and 15/8 is _____.


a. 395/168 b. 168/395 c. 26/27 d. none of these

7. An expression that can be described as a function where either the numerator or denominator have a variable
on
it.
a. rational expression b. inverse expression c. algebraic expression d. none of these

8. The _____ of a function are the values of x which make the function zero.
a. asymptote b. intercept c. zeroes none of these

2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 6


9. The graph of the inverse of a one-to-one function can be obtained by reflecting the graph about the line
_____.
a. y=2x b. y=x c. 2y=x d. none of these

10. If the x- and y-values of a one-to-one function are interchanged, the result is a _______.
a. relation b. function c. correlation d. none of these

11. If the x- and y-values of a function that is not one-to-one are inverted, the result is _______.
a. Relation b. no longer a function c. function d. none of these

12.Some of the applications in real-life of exponential functions are (1) population growth (2) exponential
decay,
(3) interest, (4) carbon dating and (5) growth of an epidemic.
a. Only 1,2,3 and 4 are true b. Only 1,3 and 5 are true c. All are real life application
d. None of these are true

13. One strategy to solve exponential functions is to write both sides of the equation as powers of ____.
a. different base b. the same base c. the same power d. none of these

14. One of the property of exponential functions is that the range is the set ______.
a. (0,+∞ ) b. (0,-∞ ) c. (+∞ , 0) d. none of these

15. ____ of the logarithmic and exponential forms, b is the base.


a. Only in exponential b. Only in logarithmic c. In both

16. Logarithms with base e are called ______.


a. common logarithms b. natural logarithms c. common and natural logarithm d. none of
these

5 5 4
17. One of the value for v of the following expression + = is:
v v +10 3
a. 2/15 b. -2/15 c. -15/2 d. 15/2

x−2
18. The intercepts of f(x)= are :
x+ 2
a. 2,1 b. 2,-1 c. -2,-1 d. -1,-2

19. “Find all x values which do not make the denominator 0”, this is a rule to find the:
a. y-intercept b. x-intercept c. range d. domain

20. “Find the values of x where the numerator is zero but the denominator is non-zero”, is a rule to find the:
a. y-intercept b. x-intercept c. range d. domain

21. “Use the degree of the polynomial in the numerator and the denominator”, this is a rule to find the:
a. horizontal asymptote b. vertical asymptote c. range d. domain

22. Given: f(x)=√ x−3, what is the value of f(x-3)?


a. √ x b. √ x+ 6 c. √ x−6 d. √ x+ 3

1
23. Given: f(x)=√ x−3, what is the value of f( )?
1−x

2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 7


3 x −2 2 x−3 3 x −2
a. b. c.
−1−x x−1 x−1
3 x −2
d.
1−x

2 3 1
24. Solve for x: − = .
x 2x 5
a. 5/2 b. 2/5 c. 5.2 d. 2.5

25. 4 2 x +7 ≤ 322 x−3. Solve for x (solution set).


a. 6/29,+∞ b. 29/6,-∞ c. 29/6,+∞ d. 6/29,∞

26. The function f(x) = 2 x3 is an example of :


a. exponential function b. exponential equation c. exponential equality d. none of these

27. The logarithmic expression log 0.25 16 is equal to:


a. 2 b. ¼ c. -2 d. 4

28. The function, f(x)=a x 2+ bx+ c , where a ≠ 0 is:


a. linear b. quadratic c. exponential d. neither of these

29. The function, f(x)=ax+b, where a ≠ 0is:


a. linear b. quadratic c. exponential d. neither of these

30. The function, f(x) = a· b x−c + d is:


a. linear b. quadratic c. exponential d. neither of these

31. The function, f(x) = p(x)/q(x) is:


a. polynomial b. quadratic c. exponential d. neither of these

32. The function, f(x) = a n x n +… …+ a1 x +a 0is:


a. polynomial b. quadratic c. exponential d. neither of these

33. The form, A = P (1+r )t is called:


a. logarithmic b. exponential c. compound interest d. piece-wise

34. The form, e c =a is called:


a. logarithmic b. exponential c. compound interest d. piece-wise

35. The form, ln b a=c is called:


a. logarithmic b. exponential c. compound interest d. piece-wise

36. The form , log b a=c is called:


a. logarithmic b. exponential c. compound interest d. piece-wise
f(x)= 8 if 0<d<4
37. The form, is an example of:
8+1.5d if d>4
a. logarithmic b. exponential c. compound interest d. piece-wise
t
38. This model , y= y (2) T is called:
0
a. logarithmic b. exponential c. compound interest d. piece-wise

39. The zeroes of a function are the values of x which make the function zero.
a. true b. false c. it depends d. either of these

40. A graph is not a function if and only if each horizontal line intersects the graph at most once.

2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 8


a. true b. false c. it depends d. either of these

Test III. PROBLEM SOLVING. Solve the following problems using the rule of operations.

41-44. You take out a PhP 20,000 loan at a 5% interest rate. If the interest is compounded annually,
(a) give an exponential model for the situation, and
(b) how much will you owe after 10 years?

45-48. Suppose your barangay starts with 1000 individuals and triples every 80 years.
(a) Give an exponential model for the situation.
(b) What is the size of the population after 100 years?

49-50. Graph the following function and its inverse.


Function Points: ( - 2 , - 4 ), ( 0 , 1 ), ( 2 , 6 )

“Success is like MATHEMATICS, you directed your life and formulated to succeed and find the answer to a
better fate.”

2nd Quarter Exam / General Mathematics / 2019 - 2020 Page 9

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