Questions and Answers
What is the first step in solving a rational inequality?
Why are there potentially more values of x in inequalities compared to equations?
What do critical numbers in a rational inequality represent?
What should be done after finding the critical numbers?
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How can the possible values of x in an inequality be determined?
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What is the last step when solving rational inequalities?
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What does a rational equation consist of?
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Which of the following describes a rational function?
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Which statement is true about irrational numbers?
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What characterizes a rational inequality?
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Which of the following is NOT a property of rational functions?
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What is defined as the sum of future values of all the payments to be made during the entire term of the annuity?
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Which of the following describes a Simple Annuity?
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Which formula is used to calculate the Present Value (P) of an annuity?
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What characterizes a General Annuity?
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In an annuity, what is the term used for the fixed amount paid during each interval?
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What does 'j' represent in the context of an annuity?
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What is the product of the functions f(x) = 4x - 3 and g(x) = x² - 2?
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What is the quotient of the functions f(x) = 4x - 5 and g(x) = x² - 2?
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What does the composition of the functions f and g, denoted as f o g, evaluate to if f(x) = 4x - 3 and g(x) = x² - 2?
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Which of the following represents (f + g)(x) if f(x) = x³ - 4x and g(x) = x² + 2x?
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When observing (f o g)(x), which condition must be met for its domain?
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What is the first step in finding the inverse of the function f(x)=3x+5?
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Which equation is obtained after switching x and y in the process of finding the inverse?
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What is the expression for (f - g)(x) given f(x) = x³ - 4x and g(x) = x² + 2x?
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How is (f * g)(x) formulated when f(x) = x³ - 4x and g(x) = x² + 2x?
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What is the final form of the inverse function f^{-1}(x)?
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Which expression represents the simplified form of (f/g)(x) when f(x) = x³ - 4x and g(x) = x² + 2x?
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What operation is performed to isolate y in the equation x - 5 = 3y?
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After switching x and y, what is the next step before obtaining the inverse function?
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What is the primary purpose of companies selling stocks?
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What is a key characteristic of common stockholders?
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Which type of stockholder has priority in dividends and company assets if the company goes bankrupt?
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What type of financing do bonds represent?
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What assurance do bond investors have?
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Who typically issues bonds?
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What is a defining feature of a business loan?
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Which type of loan is meant for personal or family use?
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Which of the following best describes a business loan?
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What is NOT a feature of a consumer loan?
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What does an amortization schedule represent?
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Which statement correctly defines collateral?
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What does the outstanding balance of a loan refer to?
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What is true regarding the interest payment in a regular amortization schedule?
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What defines the domain of a rational function?
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How is the range of a rational function determined?
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Which statement correctly describes an ordered pair in relation to domain and range?
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What is the first step in determining the domain of a rational function?
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Which of the following is a correct way to express the domain of a rational function in interval notation?
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What is the value of f(4) if f(x) = x + 8?
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How can the profit function of the ice cream vendor be expressed?
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What is f(2) if the profit per ice cream is $3.00?
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What would be Hannah's electricity bill if she consumes 200 kWh?
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What is the output of f(-4) for the piecewise function f(x) = {x² + 2 if x < 0, 5x + 2 if x ≥ 0}?
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What does the notation f(x) = -x + 8 represent?
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For the function f(x) = 25x + 900, what does 900 represent?
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What is the result of f(x + 3) for f(x) = -x + 8?
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What is the value of J(4) in the piecewise function defined for Jeepney fare?
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If x = 6, what is the value of T(6) in the piecewise function defined for income tax?
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What is the correct expression for the sum of the functions f(x) and g(x) where f(x) = 4x - 5 and g(x) = x^2 - 2?
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If a person's income is ₱30,000, what is the tax calculated using the piecewise function T(x)?
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What is the correct expression for the difference of the functions f(x) and g(x) given f(x) = 4x - 5 and g(x) = x^2 - 2?
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For the piecewise function J(x), which range of x corresponds to a fare of ₱13?
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Study Notes
Simple and General Annuity
- Annuity involves fixed payments made at equal intervals over a specified time period.
- Annuity payment is the amount paid at each interval.
- Simple Annuity has the same payment interval as the interest period (e.g., monthly payments compounded monthly).
- General Annuity has payment intervals different from the interest period (e.g., monthly payments compounded annually).
- Future Value (F) is the sum of the future values of all payments during the annuity term.
- Present Value (P) is the sum of the present values of all payments during the annuity term.
Rational Inequalities
- Objective: Solve rational inequalities and determine solution sets.
- Rational equations involve expressions that can be represented as the ratio of two integers.
- Values of x may have more solutions in inequalities than equations due to infinite possibilities.
- Critical numbers are values of x that make the numerator and denominator zero.
- Solution sets are determined using test points and sign analysis.
Functions
- Operations on functions include sum, difference, product, quotient, and composition.
- The product of functions f and g is defined as (f * g)(x) = f(x) * g(x).
- The quotient of functions is (f/g)(x) = f(x) / g(x), where g(x) ≠ 0.
- Composition of functions f and g is denoted as (f o g)(x) = f(g(x)).
- Finding the domain of composite functions involves ensuring x is in the domain of g and g(x) is in the domain of f.
Stocks and Bonds
- Stocks represent ownership in a company; they can be common (with voting rights) or preferred (prioritized dividends).
- Bonds are long-term investments that represent a loan to a corporation or government, promising interest payments and return of principal.
- Stocks have higher risks and potentially higher returns, ideal for long-term investments.
- Bonds are generally lower risk with guaranteed returns, often suitable for retirees.
Business and Consumer Loans
- Business Loans are for business purposes and require collateral, credit checks, and often have shorter terms.
- Consumer Loans are for personal purposes; they typically have longer terms and less rigorous follow-ups.
- Amortization refers to paying loans in installments that cover both principal and interest.
- Mortgages secure loans with real estate, while collateral refers to any asset pledged for a loan.
Inverse Functions
- To find the inverse of a function, swap x and y and solve for y.
- Example: For f(x) = 3x + 5, the inverse is f^{-1}(x) = (x - 5)/3.
Piecewise Functions
- Defined by multiple sub-functions based on intervals of the main function's domain.
- Example functions include fare structures or tax brackets, represented in specific conditions.
Evaluating Functions
- Evaluating functions involves substituting values from the domain into the function and computing results.
- Daily profit or utility bills can be modeled as functions dependent on variable inputs (e.g., items sold, energy used).
Taxation
- Tax structure is tiered based on income brackets, with specific rates applied as income increases.
- Piecewise functions can effectively represent the taxation system.
Domain and Range
- Domain: Set of all real numbers except where the denominator is zero.
- Range: All possible values that the function can take based on its inputs.
- Identifying domain and range from ordered pairs involves recognizing the first and second coordinates, respectively.
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Description
This quiz explores the concepts of simple and general annuities, including key terms such as annuity payments, payment intervals, and the term of an annuity. Test your understanding of fixed payment structures and their significance in financial planning.