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1 Qexamgenmath 2122
1 Qexamgenmath 2122
Department of Education
Region IV – MIMAROPA
Division of Palawan
Bataraza National High School
Bataraza, Palawan
JP Rizal Street, Marangas, Bataraza, Palawan LandLine # 723-0994, email address: batarazanhs@yahoo.com
General instruction: read and understand each item carefully. Follow the direction of the test and avoid making
erasures.
I. Multiple choices: choose the letter of the correct answer. Write your answer on a different sheet of paper.
1. In two years, 1000 invested at a 5% annual interest rate yielded 100 in interest. What kind of interest does the
circumstance illustrate?
a. Simple Interest b. Compound Interest
c. One- time Interest d.None of these
2. Which of the following is not a factor to be considered in finding the annual simple interest?
a. Principal b. Rate
b. c. time or term d.Maturity Value
5. Naruto has invested 7,000 yen in the bank that offered it at a rate of 5% compounded monthly for 6 years.
Based on that situation, what is the value of m (the number of times interest is applied per time period)?
a. 1 b. 52 c. 4 d. 12
7. Zoro borrowed 5,000 yen at a simple 10% annual interest rate. If he decides to pay after one year, how much
should he pay by then?
a. 5,050 b. 500 c. 5,000 d. 5,500
For numbers 11–15, consider the following situation: Saitama, the bald hero, invested 1 million yen in his account.
By the end of the year, he will have earned 2 million yen in total.
11. What is the principal?
a. 2 million b. 1 million c. 500 d. None of these
13. If the bank's rate is compounding monthly, what is the value of n (number of compund period)?
a. 1 b. 12 c. 52 d. None of these
14. If the bank's rate is compounding monthly, what is the rate of interest?
a. 10% b. 50% c. 71.36% d. None of these
15. Based on the situation, what is the formula you should use?
a. i= (
√
n F
P
)− 1 b. i= (
√n p
f
)−1
√n
c. i= (
F 2 d. None of these
P
)−
For numbers 16–20, consider the following situation: SpongeBob SquarePants deposited some money in
the bank at simple interest. After 15 years, the amount increased seven times.
16. What is the formula of t (time or term) in simple interest?
p r I pr
a. t= b. t= c. t= d. t=
Ir m pr I
17. Which of the following values of P (principal) and F (future value) is appropriate if you want to find how many years it will
take to double the amount of P?
a. 1 & 2 b. 1 & 3 c. 1 & 4 d. 1 & 5
18. How many years will the amount become ten times greater if the interest rate remains the same?
a. 11.5 b. 22.5 c. 33.5 d. None of these
20. What is the name given to the total of the interest and the money deposited?
a.Principal b. Future value c. Interest rate d. Time or term
II. Matching type: match the column A to column B. Write the letter of correct answer in different sheet of paper.
Column A Column B
33. Conjunction a. ↔ d.→
34. Disjunction b. ⋀ e.
35. Conditional c. ⋁
Prepared by:
Frederick T. Abdulhamid
General Math Teacher