Republic of the Philippines

Department of Education
Division of Davao City
CROSSING BAYABAS NATIONAL HIGH SCHOOL
Neptune Street, Crossing Bayabas Toril, Davao City

SENIOR HIGH SCHOOL

Second Quarter Examination
First Semester
School Year 2018 – 2019
GENERAL MATHEMATICS

NAME: ____________________________________________ SCORE: ______________________

STRAND&SECTION: _________________________________ DATE: _______________________

MULITIPLE CHOICE: Write the letter of the correct answer on the space provided before each number.

__1. What do you call the term refers to a fraction or percentage being imputed to a sum of money?
A. principal amount B. loan period C. interest D. interest rate

__2. What does T represent on the formula 𝐼 = 𝑃𝑅𝑇 ?

A. principal amount B. loan period C. interest D. interest rate

__3. It is the interest that is computed on the principal and then added to it.
A. Simple Interest C. Maturity Value
B. Compound Interest D. Interest

__4. It is the interest that is computed on the principal and also on the accumulated past interests
A. Simple Interest C. Maturity Value
B. Compound Interest D. Interest

For items 5-10: Given: P = ₱65,000 r = 6% t = compounded annually for 7 years

__5-6. Find the simple interest. Show your solution

A. ₱ 27,200 B. ₱27,300 C. ₱27,400 D. ₱27,500

__7-8. Find the maturity value. Show your solution

A. ₱ 97,760 B. ₱ 97,760.15 C. ₱ 97,670 D. ₱97,660

__9-10. Find the compound interest. Show your solution.

A. ₱ 32,670 B. ₱ 23,760 C. ₱32,766 D. ₱32,760

__11. Zach borrowed ₱30,000 at 10% annual simple interest rate. How much should he pay after 3
years and 6 months?
A. ₱40,300 B. ₱40,400 C. ₱40,500 D. ₱40,600

__12. If you lend money amounting ₱10,000 with the interest of ₱150 a month, which of the following
formula to get the interest rate?
A. ₱15/₱10,000x100% C. ₱150/₱1,000x100%
B. ₱150/₱10,000x10% D. ₱150/₱10,000x100%

__13. How much should you invest at 9% annual interest rate to obtain a simple interest of ₱118,000 in 5 years?
A. ₱262,222.333 C. ₱262,222.111
B. ₱262,222.222 D. ₱262,222.444

__14-16. Darlene has a choice to make short term investments for her excess cash ₱100,000. She can invest at
(a) 6% compounded annually or (b) 5% compounded semi-annually for 1 year. Which is larger? Show
your solution.
A. Option A is larger than B. C. Option B is larger than A.
B. Option A and B are equal D. None of the above

__17. It is a sequence of payments made at equal (fixed) intervals or periods of time.

A.Periodic Payment B.Time or Term C. Principal Amount D. Annuity
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__18. Which of the following annuities refers to an annuity where compounding and payment periods do not
happen at the same time?
A. Simple Annuity B. General Annuity C. Deferred Annuity D. Fixed annuity

__19. What do you call the type of annuity where payments are made at the end of each period and
usually applied when borrowing money and making repayments?
A. Annuity Due B. Ordinary Annuity C. Deferred Annuity D. General Annuity

__20. Which of the following annuities refers to an annuity where compounding and payment periods happen
at the same time?
A. Simple Annuity B. General Annuity C. Deferred Annuity D. Fixed Annuity

__21. What do you call the type of annuity where payments are made at the beginning of the period and usually
applied when saving or investing money?
A. Annuity Due B. Ordinary Annuity C. Deferred Annuity D. Fixed Annuity

__22. It is a type of annuity in which the payments extend over an indefinite (or indeterminate) length of time.
A. Ordinary Annuity B. Deferred Annuity C. Fixed Annuity D. Contingent Annuity

For items 23 – 25 refer to the situation below.

Your mom decide to join their office cooperative and agree to contribute ₱1,000 per
month beginning in January 2018 which earn 3% compounded monthly.

__23. What is the interest rate per month using simple annuity computation?
A. 0.03 B. 0.3 C. 0.0025 D. 0.00025

__24. How much will be the future value of your mom’s contribution at the end of January 2018?
A. ₱1,000.00 B. ₱2,000.00 C. ₱3,000.00 D. ₱4,000.00

__25. How much will be the future value of your mom’s contribution at the end of February 2018?
A. ₱1,000.00 B. ₱2,002.50 C. ₱3,007.51 D. ₱4,015.03

For items 26-28 refer to the situation below.

Zion borrowed an amount of money from Zachary. He agrees to pay the principal plus interest
by paying ₱38,973.76 each year for 3 years.

__26. What is the interest rate per payment interval?

A. 8.21% B. 8.22% C. 8.23% D. 8.24%

__27. How much money did he borrowed if interest is 8% compounded quarterly?

A. ₱100,000 B. ₱150,000 C. ₱200,000 D. ₱250,000

__28. What is the future value in each year?

A. ₱438.973.76 B. ₱138.973.76 C. ₱338.973.76 D. ₱238.973.76

For items 29-32: Given: Periodic Payment (R)- ₱2,000 term (t) = 5 months
Interest rate per annum i(12) = 0.10 no. of conversion per year (m) =12
0.10
Interest rate period j = 12 = 0.0083

__29. Illustrate the cash flow in a time diagram. Show your Illustration.
A. C.
0 1 2 3 4 5 0 1 2 3 4

B. D.
0 1 2 3 4 5 6 0 1 2 3

__30. What is the future value on the 5th term?

A. ₱2,065 B. ₱2,066 C. ₱2,067 D. ₱2,068

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__31-32. What is the total of all the future values? Show your solution.
A. ₱10,168.4 B. ₱10,168.5 C. ₱10,168.6 D. ₱10,168.7

For items 33-36 refer to the word problem below.

On her 40th birthday, Mrs. Cruz decided to buy a pension plan for herself. This plan will allow him
to claim ₱10,000 quarterly for 5 years starting 3 months after her 60th birthday. What one-time
payment should she make on her 40th birthday to pay off this pension plan, if the interest rate is 8%
compounded quarterly.

__33. What is the number of conversion periods in the deferral?

A. 50 B. 60 C. 70 D. 80

__34. What is the number actual payments?

A. 20 B. 30 C. 40 D. 50

__35. What is the interest rate per period?

A. 0.03 B. 0.02 C. 0.01 D. 1

__36. Find the Present value of these monthly pensions?

A. ₱33.538.35 B. ₱33.538.36 C. ₱33.538.37 D. ₱33.538.38

__37. What is the other term for debentures bonds?

A. corporate bonds B. secured bonds C. unsecured bonds D. convertible bonds

__38. Which of the following terms refers to the shares of ownership in a corporation?
A. bonds B. stocks C. collateral D. treasury bonds

__39. Secured bonds are backed up by corporate collaterals. Preferred stockholders get preference in payments.
A. Both are true C. Only the first statement is true
B. Both are false D. Only the second statement is true.

__40. What type of bonds that are backed up by corporate collaterals?

A. corporate bonds B. secured bonds C. unsecured bonds D. convertible bonds

__41. What do you call the place where stocks are bought and sold?
A. stock exchange B. stockbroker C. common stock D. stock market
__42. What is the agency in the Philippines that governs the local stock market?
A. Philippine Stock Exchange C. Securities and Exchange Commission
B. Philippine Stock Brokers D. Philippine Stock Market
E.
For items 43-44 refer to the situation below.
A company sells bonds with a par value of ₱1,000.00 each.

__43. Find the market price of the bond at 98?

A. ₱1,000.00 B. ₱980.00 C. ₱970.00 D. ₱960.00
E.
__44. Find the market price of the bond at 96?
A. ₱1,000.00 B. ₱980.00 C. ₱970.00 D. ₱960.00

For items 45-47 refer to the situation below.

A financial institution declared a dividend of ₱65,000,000 for its common stock.
Suppose there are 800,000 shares of common stock.

__45. What is the formula to be used in order to get the dividend per share?
𝑇𝑜𝑡𝑎𝑙 𝐷𝑖𝑣𝑖𝑑𝑒𝑛𝑑 𝑇𝑜𝑡𝑎𝑙 𝐷𝑖𝑣𝑖𝑑𝑒𝑛𝑑
A. 𝑇𝑜𝑡𝑎𝑙 𝑆ℎ𝑎𝑟𝑒 C. . 𝑀𝑎𝑟𝑘𝑒𝑡 𝑉𝑎𝑙𝑢𝑒

𝑇𝑜𝑡𝑎𝑙 𝑆ℎ𝑎𝑟𝑒 𝑀𝑎𝑟𝑘𝑒𝑡 𝑉𝑎𝑙𝑢𝑒

B. . 𝑇𝑜𝑡𝑎𝑙 𝐷𝑖𝑣𝑖𝑑𝑒𝑛𝑑 D. . 𝑇𝑜𝑡𝑎𝑙 𝑆ℎ𝑎𝑟𝑒

__46. What is the total dividend?

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 A. ₱ 45,000,000 B. ₱55,000,000 C. ₱65,000,000 D. ₱75,000,000

__47 How much is the dividend per share?

A. ₱81.25 B. ₱81.26 C. ₱81.27 D. ₱81.28

__48. What is the total share of common stock?

A. 900,000 B. 800,000 C.700,000 D.600,000

__49-50. Choose one statement below and provide a counter-argument. Write your explanation on the spaces
provided below.
A. We cannot beat the stock market because stock prices already reflect all the given information about the stocks.
B. One can beat the stocks market by obtaining the services of financial analysts.
C. One can beat the stock market because stock prices fluctuate very often (every day, hour, and minute)
and they can be overvalued or undervalued.
D. One can beat the stock market by gathering more information about stocks to determine the best
place to invest.

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Prepared By: Checked by:

JENNY B. SAN FELIPE GERALDINE G. MAGONCIA

Teacher I Mathematics Master Teacher I

Submitted to: Noted by:

MELVIN B. TINIO SEGUNDINA C. RAMOS

SHS-Focal Person Principal IV

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