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CA Foundation Math Skills Quiz

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Questions and Answers

What is the value of 3x - 7y if x = 5 and y = 2?

3 (correct)

What is the solution to the equation 2x^2 - 5x + 2 = 0?

x = 2 or x = 3

x = 1 or x = 2

x = 2 or x = 1/2 (correct)

x = 1 or x = 1/2

If a + b = 10 and a - b = 4, what is the value of a?

8 (correct)

What is the formula to calculate the future value of an investment with compound interest?

FV = PV * (1 + r)^n Signup and view all the answers

Which of the following best describes the concept of present value in the context of time value of money?

The current value of a future sum of money Signup and view all the answers

What does the term 'discounting' refer to in the context of time value of money?

Calculating the present value of a future sum of money Signup and view all the answers

Study Notes

Algebraic Equations

To evaluate the expression 3x - 7y, substitute x = 5 and y = 2, and simplify.

Quadratic Equations

To solve the equation 2x^2 - 5x + 2 = 0, use factoring, quadratic formula, or completing the square methods.

Linear Equations

To find the value of a, solve the system of equations: a + b = 10 and a - b = 4, using substitution or elimination methods.

Time Value of Money

The formula to calculate the future value of an investment with compound interest is: FV = PV × (1 + r)^n, where FV is future value, PV is present value, r is interest rate, and n is number of years.
Present value is the current worth of a future cash flow, considering the time value of money.
Discounting refers to the process of calculating the present value of a future cash flow by adjusting for the time value of money.

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Description

Test your math skills with these CA Foundation level questions. Solve for the value of an expression, find the value of a variable, and solve a quadratic equation.