100% found this document useful (2 votes)
781 views2 pages

G11 General Mathematics: Interest & Annuities

This document is a mathematics test from Matag-ob Stand Alone Senior High School covering topics in simple and compound interest, annuities, stocks, bonds, and loans. It contains 20 multiple choice questions testing concepts like simple interest formulas, compound interest calculations, future and present value of annuities, characteristics of stocks and bonds, definitions of different types of loans, and computations involving loan amounts and interest rates. The test was prepared by a teacher named Allyvic A. Otero for a Grade 11 general mathematics class.

Uploaded by

Dong Min
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
100% found this document useful (2 votes)
781 views2 pages

G11 General Mathematics: Interest & Annuities

This document is a mathematics test from Matag-ob Stand Alone Senior High School covering topics in simple and compound interest, annuities, stocks, bonds, and loans. It contains 20 multiple choice questions testing concepts like simple interest formulas, compound interest calculations, future and present value of annuities, characteristics of stocks and bonds, definitions of different types of loans, and computations involving loan amounts and interest rates. The test was prepared by a teacher named Allyvic A. Otero for a Grade 11 general mathematics class.

Uploaded by

Dong Min
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
  • Week 1-2: Simple and Compound Interest
  • Week 5: Basic Concepts of Stocks and Bonds

Republic of the Philippines

DEPARTMENT OF EDUCATION
Region VIII-Eastern Visayas
Division of Leyte
Palo, Leyte

Matag-ob Stand Alone Senior High School


Matag-ob, Leyte
School ID: 305522
G11-GENERAL MATHEMATICS - Quarter 2
Name: _________________________ Year & Sec.: ____________ Score: ________ Rating: ________

DIRECTION: A. Choose the letter of the best answer and write the letter on the space provided
before the number.
B. Solve the following problems below. (Show your solutions)
______________________________________________________________________________
Week 1-2: Simple and Compound Interest
1. What is the formula in computing the simple interest on a given financial transaction?
p r
A. 𝐼𝑠 = 𝑃𝑟𝑡 B. 𝐼𝑠 = 𝑃r 2𝑡 C. 𝐼𝑠 = D. 𝐼𝑠 =
rt Pt
2. This refers to the amount paid or earned for the use of money.
A. Conversion period C. Principal
B. Interest D. Rate
3. How much is the simple interest on this financial transaction, P = ₱5,000.00, r = 6%, and t = 2 years?
A. ₱120.00 C. ₱1,200.00
B. ₱600.00 D. ₱6,000.00
4. An interest of ₱760 was earned on an investment for 9 months at 3% interest rate. How much was invested?
A. ₱2,052.00 C. ₱20,520.00
B. ₱2, 814.81 D. ₱33,777.78
5. How much will be the compound interest if ₱30,220.00 is invested at 7% compounded quarterly for 2 years
and 9 months?
A. ₱4,499.21 C. ₱36,574.05
B. ₱6,354.05 D. ₱147,899.31
_____________________________________________________________________________
Week 3-4: Annuities
6. It is a sequence of payments made at equal (fixed) intervals or periods of time.
A.) Future Value of an annuity C.) Present Value of an annuity
B.) Annuity D.) Periodic Payment
7. It is a term that refers to payments received (cash inflow).
A.) General Annuity C.) General Ordinary Annuity
B.) Cash Flow D.) Annuity Certain
8. Find the future value of an ordinary annuity with a regular payment of P1,000 AT 5% interest rate
compounded quarterly for 3 years.
A.) P12,806.63 C.) P12,860.63
B.) P12,860.36 D.) P12,806.36
9. Melvin availed of a loan from a bank that gave him an option to pay P20,000 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.) P422,795.78 C.) P422,759.78
B.) P422,579.78 D.) P422,597.78
10. Annual payments of P2,500 for 24 years that will start 12 years from now. What is the period of deferral in
the deferred annuity?
A.) 12 periods C.) 10 periods
B.) 11 periods D.) 13 periods
_____________________________________________________________________________________
Week5: Basic Concepts of Stocks and Bonds
11. It is an interest- bearing security which promises to pay a stated amount on the maturity and
regular interest payments.
A. Stocks C. Bond
B. Share D. Stock Market
12. It is a share in the ownership of a company.
A. Stocks C. Bond
B. Share D. Stock Market
13. A certain corporation declared a 5% dividend on a stock with a par value of ₱900.00. Mrs. Lowns
250 shares of stock with a par value of ₱900.00. How much is the dividend she received?
A. ₱12,150.00 C. ₱11,150.00
B. ₱11,250.00 D. ₱12,250.00
14. Mrs. Scarlet owns 65 bonds with a par value of ₱2,000 each and pays 10 % interest. What annual
income does Mrs. Scarlet get from these bonds?
A. ₱10,000.00 C. ₱11,000.00
B. ₱12,000.00 D. ₱13,000.00
15. Find the yield on ₱5,000.00, 12% ACTS bond priced at 95 plus ₱20 commission.
A. 11.58% C. 12.58%
B. 13.58% D. 14.58%
_____________________________________________________________________________________
Week 6:Basic Concept of Loans
16. It is a money lent to an individual for personal or family purpose.
A. Business Loan C. Consumer Loan
B. Collateral D. Term of the Loan
17. It is a business loan or consumer loan that is secured with a collateral.
A. Mortgage C. Collateral
B. Loan D. Amortization
18. It is a method of paying a loan (principal and interest) on installment basis, usually of equal
amounts at regular intervals.
A. Mortgage C. Collateral
B. Outstanding Balance D. Amortization Method
19. A loan of ₱200,000.00 is to be repaid in full after 3 years. If the interest rate is 8% per
annum. How much should be paid after 3 years?
A. ₱251,942.40 C. ₱215,942.40
B. ₱251,492.40 D. ₱215,492.40
20. For a purchase of a house and lot worth ₱3,800,000.00, the bank requires 20% down
payment, find the mortgaged amount.
A. ₱3,400,000.00 C. ₱3,004,000.00
B. ₱3,000,400.00 D. ₱3,040,000.00
Prepared by: Allyvic A. Otero

Republic of the Philippines
DEPARTMENT OF EDUCATION
Region VIII-Eastern Visayas
Division of Leyte
Palo, Leyte
Matag-ob Stand
A.) 12 periods
 C.) 10 periods
 
B.) 11 periods 
 D.) 13 periods
                     _______________________________________

You might also like