Bantolinao National High School

Bantolinao, Antequera, Bohol

SECOND QUARTER EXAMINATION

GENERAL MATHEMATICS

Name: ____________________________________ Gr.& Sec: ___________________Date: ________________ Score: ________

I. Direction: Read each item carefully and ENCIRCLE the letter of the correct answer. STRICTLY NO ERASURES.
Erasures are considered wrong.

1.What is interest?
a. Payment for the use of money. b. An equity investment. c. Return on capital. d. Loan.

2. If you invest P50,000 to earn 8% interest, which of the following compounding approaches would return the lowest amount after one
year?
a. Daily b. Monthly c. Quarterly d. Annually

3. Which factor would be greater — the present value of $1 for 10 periods at 8% per period or the future value of $1 for 10 periods at
8% per period?
a. Present value of $1 for 10 periods at 8% per period. b. Future value of $1 for 10 periods at 8% per period.
c. The factors are the same. d. Need more information

4. A series of equal receipts at equal intervals of time when each receipt is received at the beginning of each time period is called an
a. ordinary annuity b. annuity in arrears c. annuity due d. unearned receipt

5. Ordinary annuity payments are made:

a. At end of the period b. Yearly c. Monthly d. At beginning of the period

6. What is the primary difference between an ordinary annuity and an annuity due?
a. The timing of the periodic payment. b. The interest rate.
c. Annuity due only relates to present values. d. Ordinary annuity only relates to present values.

7. You are choosing between investments offered by two different banks. One promises a return of 10% for three years using simple
interest while the other offers a return of 10% for three years using compound interest. You should:
a. Choose the simple interest option because both have the same basic interest rate.
b. Choose the compound interest option because it provides a higher return.
c. Choose the compound interest option only if the compounding is for monthly periods.
d. Choose the simple interest option only if compounding occurs more than once a year.

8. A perpetuity:
a. has infinite value because the payments continue forever
b. can be valued (PV) if the payment amount and interest rate are known
c. don’t exist in the financial world
d. none of the above are true

9. In which case will an investor receive the most interest:

a. 10%, compounded annually. b. 10%, compounded monthly.
c. 10%, compounded continuously. d. 10%, compounded daily

10. Which of the following statements is a proposition.

a. q: Find a number which divides your age. b. s: Welcome to the Philippines.
c. v: What is the domain of the function? d. p: Mindanao is an island in the Philippines.

11. Which of the following mathematical sentences is a true proposition?

a. √ 2>2 b. 2 ∈ N c. −100 ∉ Z d. 3+2=(6)(−1)

12. Identify a simple proposition from the compound proposition: Either logic is fun and interesting, or it is boring.
a. Logic is fun and interesting. b. Logic is not boring.
c. Logic is fun. d. Logic is neither fun nor boring.

13. What is the inverse of the statement: If you deserve a thumbs-up, then you are honest.
a. If you do not deserve a thumbs-up, then you are not honest. b. If you deserve a thumbs-up, then you are not honest.
c. If you are honest, then you are not honest. d. If you are not honest, then you do not deserve a thumbs-up.
14. If P is true and P is false, then what is the truth value of P ∧ P ?
a. False b. True c. Neither true nor false d. Either true or false

15. If p is false and q is true, then what is the truth value of p ᴠ q ?

a. false b. true c. neither true nor false d. either true or false

16. State the contrapositive of the conditional statement: “If today is Tuesday, then it is a weekday.”
a. If today is not Tuesday, the it is not a weekday. b. If today is a weekday, then it is Tuesday.
c. If today is not a weekday, then it is not Tuesday. d. If today is not a weekday, then it is Tuesday.

17. In the conditional statement: “If a positive integer is prime, then it has no divisors other than 1 and itself.” What is the antecedent?
a. Positive integer has no divisors other than 1 and itself. b. Positive integer is not prime.
c. Positive integer is prime. d. Positive integer has divisors other than 1 and itself.

18. A proposition that is always true.

a. Antecedent b. Contradiction c. Fallacy d. Tautology

19. Identify what is being illustrated: A corporation is expanding its company to raise money. Shareholders and owners will receive
dividends or share of earnings of the company.
a. Bonds b. Investments c. Shares d. Stocks

20. A form of debt financing or raising money by borrowing from investors.

a. Bonds b. Investments c. Shares d. Stocks

II. Solve the following problems accurately and show your solutions properly.

1. John invested a sum of money, which earned P750 simple interest at the rate of 6% per annum over 2 years. How much is the
invested amount?

2. Kelly plans to put her graduation money into an account and leave it there for 4 years while she goes to college. She receives P750
in graduation money that she puts it into an account that earns 4.25% interest compounded semi-annually. How much will be in Kelly’s
account at the end of four years?

3. If a man wishes to accumulate P1,400,000 in 10 years, how much should he invest at the end of each quarter at 9% compounded
monthly?

4. What sum of money must be deposited at the end of every three months into an account paying 3.7% compounded monthly to
accumulate to P18 000.00 in twelve years?

5. Linda deposits P10,000 every end of 3 months for 7 years in an account paying 4% compounded quarterly. How much will she save
in her account at the end of 7 years assuming no withdrawals were made?

6.) A lottery winner is offered a choice of either receiving P20,500 at the beginning of every year for ten years of receiving P18,000 at
the end of every six months for five years. If the interest rate is 4.4% compounded quarterly, which choice is economically better and by
how much?

Note:
Students are allowed to bring guide formulas and to use scientific calculators.
 TABLE OF SPECIFICATION
General Mathematics

Second Quarter Examination

Understanding
Remembering

Total No. of
Evaluating
Analyzing
Applying

Creating

Items
Skills/ Topics

60% 30% 10%

1. Illustrates simple and compound I I I
3
interests 1 3 2
2. Solve problems involving simple II I
3
and compound interests 1,2 9
3. Illustrates simple and general I I
5
annuities 4,5,8 6,7
4. Finds the future value and present
II II
value of both simple annuities and 4
3,4,5 6
general annuities
I I
5. Illustrates stocks and bonds 2
20 19
I
6. Illustrates a proposition 1
10
I
7. Symbolizes propositions 1
11
8. Distinguishes between simple and I
1
compound propositions 12
9. Performs the different types of I
1
operations on propositions 13
10. Determines the truth values of I I
2
propositions 15 14
11. Illustrates the different forms of I I
2
conditional propositions 17 16
12. Illustrates different types of I
1
tautologies and fallacies 18

TOTAL 7 10 5 1 3 0 26

Prepared by:
JANE MARY GRACE R. OCON
Subject Teacher

Approved:
PANTALEON R. GULLE , JR.
Secondary School Principal