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SCORE
2nd Grading Examination :
st
1 Semester, S.Y. 2019 - 2020
CORE SUBJECT: General Mathematics
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40
Family Name, Given Name Middle Name Learner Reference Number (LRN)
Technical – Vocational – Livelihood (TVL) FOOD ( FISH ) PROCESSING
Track and Strand
Specialization
D I. MULTIPLE CHOICE. Shade the circle that corresponds the letter of your answer.
AB C
1. It is person (or institution) who invests the money or makes the funds available.
a. lender b. borrower c. rate d. principal
2. It is person (or institution) who owes the money or avails of the funds from the lender.
a. lender b. borrower c. rate d. principal
3. Which of the following best describes the principal amount?
a. amount after t years that the lender receives from the borrower on the maturity date
b. amount paid or earned for the use of money
c. amount of money borrowed or invested on the origin date
d. interest that is computed on the principal and then added to it
4. Which of the following statements is TRUE about compound interest?
a. interest is computed on the principal and on the accumulated past interests
b. interest is computed on the principal and on the accumulated present interests
c. interest is computed on the principal and on the accumulated future interests
d. interest is computed on the principal and on the accumulated present & future interests
5. It is the date on which money is received by the borrower.
a. future date b. loan date c. maternity date d. repayment date
6. Jomary considers investing his money so that he may be able to save it for future use.
Between a local cooperative that offers a compound interest rate and a rural bank that offers a
simple interest, which institution do you think is the most suitable for Jomary to choose?
a. the local cooperative b. the rural bank
c. both institutions d. no suitable option
17. How long is the term of the investment based on the situation?
a. 0.25 years b. 0.5 years c. 0.75 years d. 1 year
18. What can you infer about Javier’s financial intention based on the situation?
a. Javier wants to treat his family to a grand vacation.
b. Javier wants to save for his post-grad celebration.
c. Javier wants to put up a money lending business.
d. Javier wants to earn enough money to buy something.
19. What is the interest rate per period based on the given situation?
a. 0.25 b. 0.025 c. 0.0025 d. 0.00025
20. How many payments will Javier do in order to complete his term?
a. four b. six c. eight d. twelve
21. What is the future value of Javier’s savings after twelve months?
a. P 2,433.28 b. P 2,343.28 c. P 2,334.28 d. P 3,243.28
Lloyd borrowed P 70,000 from Three Star Investors Inc at 6% annual simple rate. After the
maturity of his loan, he was able to pay a total of P 78,400.
38. Which of the following is the conditional proposition that can be made based on the
statement?
a. If Louise passed the exam, then she reviewed her notes.
b. If Louise did not pass the exam, then she did not review her notes.
c. If she reviewed her notes, then Louise passed the exam.
d. If she did not review her notes, then Louise did not pass the exam.
39. Which of the following is the converse of the given statement?
a. If Louise passed the exam, then she reviewed her notes.
b. If Louise did not pass the exam, then she did not review her notes.
c. If she reviewed her notes, then Louise passed the exam.
d. If she did not review her notes, then Louise did not pass the exam.
40. Which of the following is the inverse of the given statement?
a. If Louise passed the exam, then she reviewed her notes.
b. If Louise did not pass the exam, then she did not review her notes.
c. If she reviewed her notes, then Louise passed the exam.
d. If she did not review her notes, then Louise did not pass the exam.