COLEGIO DE MONTALBAN

San Jose, Rodriguez, Rizal

INSTITUTE OF EDUCATION
Final examination in Mathematics in the modern world

Name: _____________________________________________ Score: __________

Course and Section: _________________________________ Date: ___________

I. Multiple Choice
Directions: Read the following statements carefully, then choose the letter of the
correct answer

_____ 1. What is the standard deviation for the data given:

5, 10, 7, 12, 0, 20, 15, 22, 8, 2
a) 6.89
b) 10.1
c) 7.26
d) 9

_____ 2. If a number is added to a set that is far away from the mean, how does this
affect standard deviation?
a) increase
b) decrease
c) stay the same
d) both increase and decrease

_____ 3. If a number is added to the set that is in the middle of the data, how does this
affect the range?
a) increase
b) decrease
c) stay the same
d) both increase and decrease

_____ 4. What is the variance for the data given:

5, 10, 7, 12, 0, 20, 15, 22, 8, 2
a) 47.47
b) 102.01
c) 52.77
d) 81

_____ 5. If 10 is added to every value in a set of data, what will happen to the value of
the standard deviation?
a) it will increase
b) it will decrease
c) it will stay the same
 d) it will both increase and decrease
_____ 6. Which of the following is a measure of variability?
a) mean
b) median
c) mode
d) standard deviation
_____ 7. If a number is added to the set that is near the mean, how does this affect
standard deviation?
a) increase
b) decrease
c) stay the same
d) both increase and decrease

_____ 8. What is the standard deviation for the data given:

5, 10, 7, 12, 0, 20, 15, 22, 8, 2
a) 6.89
b) 10.1
c) 7.26
d) 9

_____ 9. What is the variance for the data given:

5, 10, 7, 12, 0, 20, 15, 22, 8, 2
a) 47.47
b) 102.01
c) 52.77
d) 81

_____ 10. What is the variance of the data set?

a) 72
b) 21.4
c) 533.67
d) 395.7

_____ 11. If 10 is added to every value in a set of data, what will happen to the value of
the median?
a) it will increase by 10
b) it will decrease by 10
c) it will stay the same
d) it will both increase and decrease

_____ 12. If 10 is added to every value in a set of data, what will happen to the value of
the mean?
a) it will increase by 10
 b) it will decrease by 10
c) it will stay the same
d) it will both increase and decrease
_____ 13. If 10 is added to every value in a set of data, what will happen to the value of
the standard deviation?
a) it will increase
b) it will decrease
c) it will stay the same
d) it will both increase and decrease

_____ 14. If 10 is added to every value in a set of data, what will happen to the value of
the variance?
a) it will increase
b) it will decrease
c) it will stay the same
d) it will both increase and decrease
e)
_____ 15. Which of the following is a measure of variability?
a) mean
b) median
c) mode
d) standard deviation

II. 16-19. Identify the following parts of the given formula:

Fn = P(1 + r)n

F = ____________________________
P = ____________________________
r = ____________________________
n = ____________________________

III. Problem solving:

Show your solutions
20-24. Assume a bank pays 8% interest on a $100 deposit made today. How much will
the $100 be worth in one year?

25-29. What if the $108 was left in the bank for a second year? How much would the
original $100 be worth at the end of the second year?

30-34. If a bond will pay $100 in two years, what is the present value of the $100 if an
investor can earn a return of 12% on investments?
35-39. How much would you have to put in the bank today to have $100 at the end of
five years if the interest rate is 10%?

40-44. Lacey Inc. purchased a tract of land on which a $60,000 payment will be due each year
for the next five years. What is the present value of this stream of cash payments when the
discount rate is 12%?

45-50. If the interest rate is 14%, how much would you have to put in the bank today so as to be
able to withdraw $100 at the end of each of the next five years?

Essay
Answer the following questions in not less than 5 sentences.
How did you use compound interest in real life situation?
How learning simple and compound interest does gives you an impact?