SHS in Carmen, Agusan del Norte

2nd Quarter Examination

GENERAL MATHEMATICS

MULTIPLE CHOICE
DIRECTION: Choose the letter of the correct answer.
1. An interest that is computed on the principal and then added to it is called.
a. compound interest b. simple interest c. rate d. interest
2. An interest is computed on the principal and also on the accumulated past interest is called.
a. compound interest b. simple interest c. rate d. interest
3. What is the formula of an annual simple interest?
a. I =Prt b. I =Pri c. I =Prm d. I =P e rt
For items 5-11, study the given situation below.
Amy deposits Php 1,000 into an investment yielding 6% annual interest. Below is the
computation which shows the interest for 2 years.
I =Prt
I =( 1,000 ) ( 0.06 ) ( 2 )
I =120
5. How much is Amy’s initial deposit?
a. Php 2,000 b. Php 3,000 c. Php 4,000 d. Php 1,000
6. What is the interest rate of the investment?
a. 3% b. 0.06% c. 6% d. 0.6%
7. What does it mean by annual interest?
a. interest by monthly b. interest by yearly c. interest by daily d. interest
by quarterly
8. How much is the interest that Amy received after 2 years?
a. Php 110 b. Php 1,000 c. 6% d. Php 120
9. Which of the following would be the interest after 4 years?
a. Php 180 b. Php 240 c. Php 300 d. Php 360
10. If Amy invested Php 500 and received Php 650 after 3 years, what had been the interest
rate?
a. 20% b. 155 c.10% d. 5%
11. If Amy invested Php 1,500 and she received 3,000 with interest rate of 10%, how many
terms?
a. 10 years b. 5 years c. 4 years d. 8 years
12. A saving account in bank yields 0.25% compound interest annually. Find the Future value
if he deposited Php 25,000 for 4 years in this savings account?
a. Php 25,520.94 b. Php 25,250.94 c. Php 25,510.94 d. Php 25,105.94
13. From item no. 12, how much interest will be gained?
a. Php 250.94 b. Php 520.94 c. Php 510.94 d. Php
105.94
14. Find the maturity value if Php 10,000 is deposited in a bank at 2% compounded quarterly
for 5 years?
a. Php 11,084.96 b. Php 11,184.96 c. Php 11,048.96 d. Php 11,200.96
15. From item no. 14, how much interest did she received by the bank?
a. Php 1,084.96 b. Php 1,184.96 c. Php 1,048.96 d. Php 1,200.96
16. Suppose you invested Php 20,000 at 3% compounded continuously. How much will you
have from this investment after 6 years?
a. Php 24,944.35 b. Php 25,944.35 c. Php 23,499.93 d. Php 23,944.35
17. Suppose a man deposited Php 23,000 to an account earning 2.45% compounding semi-
annually. After how many years will his money become Php 25,000?
a. 4.32 years b. 3.42 years c. 3.50 years d. 4 years
18. At what interest rate compounded quarterly will money double itself in 10 years?
a. 1.76% b. 1.77% c. 1.75% d. 1.78%
19. How long will a principal double when invested at 10% compounded semi-annually?
a. 7 years & 6 months b. 8 years & 8 months c. 6 years & 3 months
d. 5 years
20. An annuity where the payment intervals are the same as the interest period.
a. simple Annuity b. General Annuity c. Annuity due d. Ordinary Annuity
21. An annuity where the payment intervals are not the same as the interest period.
a. simple Annuity b. General Annuity c. Annuity due d. Ordinary Annuity
22. A type of annuity in which the payments are made at the end of each payment period.
a. simple Annuity b. General Annuity c. Annuity due d. Ordinary Annuity
23. A type of annuity in which the payments are made at the start of each payment interval.
a. simple Annuity b. General Annuity c. Annuity due d. Ordinary Annuity
24. A payment made at the end of each month for money borrowed that charges 1.05%
interest compounded monthly. What type of annuities is being represented?
a. Simple Annuity b. General Annuity c. Deferred Annuityd. Annuity Certain
25. What type of annuity is represented by a deposit of Php 6,000 that is made at the end of
every three months to an account that earns 5.6% interest compounded quarterly?
a. Simple Annuity b. General Annuity c. Deferred Annuityd. Annuity Certain
For items 26-30, study the given situation below.
How much should you deposit to an account earning 2.5% interest rate compounded
monthly. If you want to receive Php 2,000 at the end of each month for 3 years?
26. What type of Annuity does the problem represented?
a. Future Value of Simple Annuity due b. Future Value of General Ordinary
Annuity
c. Present Value of Simple Ordinary Annuity d. Present Value of General
Ordinary Annuity
27. What is the periodic payment R in the problem?
a. Php 500 b. Php 2,000 c. Php 1,000 d. Php 1,500
28. What is the annual rate i of the problem?
a. 0.0050 b. 0.0025 c. 0.00802 d. 0.00208
29. What is the formula being used in the problem?
−n mt −n t
1−(1+i) (1+i) 1−(1+i)
a. P=R ( ) b. P=R ( ) c. P=R ( ) d.
i i i
−n
1−(1+i)
P=R ( )
i
30. How much should you deposit in order to receive Php 2,000 monthly for 3 years?
a. Php 69,296.90 b. Php 69,296.77 c. Php 69,692.90 d. Php 69,926.80
For items 31-34, analyze the problem below.
If you deposit Php 2,000 at the start of each month to an account earning 2.5% interest
rate compounded semi-annually. How much will you receive after 3 years?

31. What type of Annuity does the problem represent?

a. General Ordinary Annuity b. General Annuity due
c. General Annuity Certain d. General Deferred Annuity
32. What is the needed number of compounding per year (m) of the problem?
a. 12 b. 2 c. 1 d. 4
33. What is the new interest rate per period (i) of the problem?
a. 0.00307256 b. 0.00217256 c. 0.00207256 d.
0.00205756
34. How much will you receive after 3 years?
a. Php 75,828.59 b. Php 74,828.59 c. Php 73,288.59 d. Php 72,929.59
35. Mr. Castro’s monthly insurance premium is 500, payable at the end of each month. His
policy matures 20 years later, after which he can withdraw all his payments plus the
interest earned. If the money is worth 15% compounded monthly, how much does he
expect to withdraw on the maturity of his policy?
a. 800,519.15 b. 798,716.74 c. 748,619.74 d.
543,519.84

36. How much should you deposit to an account earning 2.5% interest rate compounded
monthly. If you want to receive Php 2,000 at the start of each month for 3 years?
a. Php 79,944.13 b. Php 74,944.13 c. Php 69,944.13 d. Php 75,944.13
For items 37-38, analyze the problem below.
Ken borrowed an amount of money from Kat. He agrees to pay the principal plus interest by
paying Php 38,973.76 each year for 3 years. How much money did he borrow if interest is
8% compounded quarterly?
37. How much the interest rate per payment interval?
a. 8.3224% b. 8.2432% c. 8.3242% d. 8.3546%
38. How much money did ken borrow from Kat?
a. Php 150,000 b. Php 200,000 c. Php 50,000 d. Php 100,000
39. It is declarative sentence that can be classified as True or False, but not both.
a. conjunction b. disjunction c. proposition d.
compound proposition
40. It contains two or more simple propositions that are put together using connective words.
a. conjunction b. disjunction c. proposition d.
compound proposition
41. Two simple propositions connected by using the word or is called __________.
a. conjunction b. disjunction c. proposition d.
compound proposition
42. Two simple propositions connected by using the word and is called _________.
a. conjunction b. disjunction c. proposition d.
compound proposition
For items 43-45, consider the given situation below.
Let p, q and r be the following propositions.
p: Victor has a date with Liza
q: Janree is sleeping
r: Eumir is eating
43. “Either Victor has a date with Liza or Janree is sleeping, or Eumir is eating”. Express it into
symbol.
a. ( p ∧q) ∨r b. ( p ∧q) ∧r c. p ∨(q ∨r ) d. ( p ∨q) ∨r
44. “Either Victor has date with Liza, or Janree is sleeping and Eumir is eating”. Express it into
symbol.
a. ( p ∨q)∧r b. p ∨(q ∧r ) c. p ∧(q ∨r ) d. p ∧(q ∧r )
45. Suppose all propositions are True, determine the truth value of ( p →∼ q)
a. it is False b. it is True c. both False d. Both True
For items 46-47, consider the given situation below.

If you work hard and do not get distracted, then you can finish the job.
Let
w = You work hard
d = You get distracted
f = You can finish the job
46. Which is the symbolic expression of the given problem?
a. (w ⋀ d) → f b. (w∧ d )→ f c. (w ∨d )→ f d. (w∨ d )→ f

47. In the problem, assume that the conclusion is FALSE. Which among the statements about
w and d will make the proposition FALSE?
a. Both w and d are TRUE b. w is TRUE while d is FALSE
c. w is FALSE while d is TRUE d. Both w and d are FALSE

For items 48-49, consider the given situation below.

Suppose all the propositions are TRUE.
p: Hector likes beans
q: Hector does not like peas
r: Hector does not like lentils
s: Hector likes sunflower seeds

48. Determine the Truth Value of ( r → s)∨(∼r ↔ q)

a. TRUE b. FALSE c. Both TRUE d. BOTH FALSE
49. Determine the TRUE Value of ( p ∧∼ r )↔ ( q ∨ s)
a. TRUE b. FALSE c. Both TRUE d. BOTH FALSE
50. Determine the Truth Table of the compound proposition of s: [ ( p → r )∧(q → r ) ] → [ ( p ∨ q)→ r ]
a. b. c. d.
s s s s
F F T T
T F T T
F F F T
F F F T
T F T T
T F T T
T F F T
F F T T

“The Fear of the Lord is the beginning of wisdom and knowledge”

------------------------------------------------------End------------------------------------------------------------------------

Prepared by:

ARCHIE NEIL C. MONIZA

T II

Checked by:

ARCHIE G. LAYAOG
MT II

Noted by:
ROLAND G. DELARA
PRINCIPAL I

Answer key:
1. b
2. a
3. a
4. c
5. d
6. c
7. b
8. d
9. b
10. c
11. a
12. b
13. a
14. c
15. c
16. d
17. b
18. c
19. a
20. a
21. b
22. d
23. c
24. a
25. b
26. c
27. b
28. d
29. d
30. b
31. b
32. a
33. c
34. b
35. c
36. c
37. b
38. d
39. c
40. d
41. b
42. a
43. d
44. b
45. a
46. b
47. a
48. a
49. b
50. d