CLARK COLLEGE OF SCIENCE AND TECHNOLOGY

Senior High School Department

First Semester S.Y. 2018-2019
Second Quarterly Examination in General Mathematics

Name: _____________________________________________ Date: _____________

Grade & Section: ____________________________________ Score: ____________
General Instruction: Use extra sheets of paper for your solution and do not forget to
indicate your name on every sheet. DO NOT CHEAT. CHEATING IS A SIN.
I. Identify what is being described in each item. Choose the correct answer from the box
below. (1 point each)

_______________ 1. This term refers to the amount paid or earned for the amount of money.

_______________ 2. This refers to the amount of money borrowed or invested on the origin date.

_______________ 3. It is a type of annuity where the payment interval and the compounding
period are not the same.

_______________ 4. This refers to the place where the stocks can be bought or sold.

_______________ 5. This is the term used to define the time between successive payments.

_______________ 6. It is a form of debt financing or raising money by borrowing from investor.

_______________ 7. It is the share in the company’s profit.

_______________ 8. This refers to the amount of the bond written on the certificate.

_______________ 9. This type of loan is lent specifically for a business purpose.

______________ 10. It is the term used for the interest of the bond.

Face value Principal Bond Interest Interest Rate

Payment Interval General Annuity Simple Annuity Dividend

Stock Market Business Loan Coupon

II. Write 1 if the statement is true and 0 if it is false.(1 point each)

______ 1. Angela has a computer shop. She owns 6 computers. She decided to borrow some money
from the bank to buy 10 more computers. This is an example of a bussiness loan.

______ 2. Berting decided to purchase a condominium unit near his workplace. He got a loan wort
P2,000,000. This is an example of a consumer loan.

III. Determine whether each of the following statements is a proportion or not. Write P if it is a
proposition and NP if not. ( 1 point each)

________ 1. Is 2 a square of some number?

________ 2. Smile at your seatmate.

________ 3. Who is the current president of the Philippines?

IV. Solve for the following:

1. Simple Interest
Jerome borrowed 5,000 pesos at 5% annual simple interest rate. If he decided to pay after 2
years, how much interest would he pay by then?
Use the formula Is= Prt
P=________ r=________ t=_________ Is=_________
Solution:

2. Future Value (Simple Interest)

Angelita deposited 20,000 pesos in a bank that pays 10% simple interest. How much will be her
money after 6 years?
Use the formula Fs= Is +P
P=________ r=________ t=_________ Is=_________ Fs = _________
Solution:

3. Compound Interest
Find the maturity value and interest of 50,000 pesos if invested at 5% compounded annually for
8 years.
𝑟
Use the formula Fc= P(1 + )nt
𝑛
P=________ r=________ t=_________ n=_________ Fc= ___________
Ic= ___________
Solution:
 4. Stocks
A certain corporation declared a 4% dividend on a stock with a par value of 600 pesos.
Ms. Reyes owns 250 shares of stock with a par value of 600 pesos. How much is the dividend she
received?
Use the formula: D= (DP)(PV)(S)
DP= ____ PV= _____ S= _____ D=_____
Solution:

5. Loan
Mrs. Garcia borrowed 1,000,000 pesos for the expansion of his business. The effective rate of
interest is 7%. The loan is to be paid in full after 2 years. How much is to be paid after 2 years?
t
Use the formula L F = P(1+r)
P=________ r=________ t=_________ FL = _________
Solution:

“Be strong and courageous; do not be frightened or dismayed, for

the Lord your God is with you wherever you go.” - Joshua 1:9

Prepared by:

Ms. Kim Gabrielle M. Del Puerto

Instructor