DEPARTMENT OF EDUCATION

DIVISION OF ANTIQUE
AURELIANA NATIONAL HIGH SCHOOL
AURELIANA, PATNONGON, ANTIQUE

REVIEW WORKSHEET IN GENERAL MATHEMATICS (2ND QUARTER)

General Directions: Read each problem carefully and answer it systematically. Show your complete solution
and encircle your final answer.

1. How long will an amount of Php 5,000.00 gain a simple interest of Php 1,000.00 at 5% per annum?

2. At what simple interest rate per annum will Php 1,000.00 accumulates to Php 2,000.00 in 5 years?

3. If you deposit Php 15,000.00 in a bank at an annual simple interest rate of 5%, how much money will
you have after 5 years?

4. How much money should you deposit in a bank so that it will accumulate to Php 1,000.00 at 5% simple
interest rate for 10 years?

5. How long will an amount of Php 10,000.00 accumulates to Php 50,000.00 at 5% compounded
annually?

6. At what nominal interest rate of Php 5,000.00 accumulates to Php 10,000.00 compounded semi-
annually for 5 years?

7. How much money will you have after 5 years if you deposit Php 5000.00 in a bank at 3% compounded
quarterly?

8. How much money should you deposit in a bank so that it will accumulate to Php 10,000.00 at 3%
compounded monthly for 5 years?

9. Elmer started to deposit Php 1,000.00 each year in a fund that pays 3% compounded annually. How
much will be in the fund after 5 years?

10. Reynaldo would like to buy a washing machine payable for 6 months starting at the end of the month.
How much is the cost of the washing machine if her monthly payment is Php 1,000.00 and interest Is
3% compounded semi-annually?
 DEPARTMENT OF EDUCATION
DIVISION OF ANTIQUE
AURELIANA NATIONAL HIGH SCHOOL
AURELIANA, PATNONGON, ANTIQUE

ANSWER KEYS

1. 4 YEARS
2. 20%
3. PHP 18,750.00
4. PHP 666.67
5. 32.99 YEARS
6. 14.35%
7. PHP 5,805.92
8. PHP 8,608.69
9. PHP 5,309.14
10. J=0.002485
PHP 5,948.16