General Mathematics - First Semester (2nd Periodical)
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Questions and Answers

Which type of interest remains constant throughout the investment term?

  • Simple Interest (correct)
  • Annual Interest
  • Interest on Interest
  • Compound Interest

What is the formula for calculating simple interest?

  • Is = Prt (correct)
  • F = P + Is
  • Is = (1,000,000) (0.0025) (1)
  • F = P (1 + rt)

Which type of interest earns interest from the previous year?

  • Interest on Interest
  • Annual Interest
  • Compound Interest (correct)
  • Simple Interest

What is the formula for calculating compound interest?

<p>F = P (1 + rt) (B)</p> Signup and view all the answers

What is the interest rate if 2,000 pesos grows to 2,030 pesos in 9 months?

<p>2% (D)</p> Signup and view all the answers

Which type of interest earns interest from the previous year?

<p>Compound interest (B)</p> Signup and view all the answers

What is the formula for calculating simple interest?

<p>Is = Prt (C)</p> Signup and view all the answers

What is the formula for calculating compound interest?

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Which type of interest remains constant throughout the investment term?

<p>Simple interest (A)</p> Signup and view all the answers

What is the interest rate if 2,000 pesos grows to 2,030 pesos in 9 months?

<p>0.02 (A)</p> Signup and view all the answers

Which type of interest earns interest from the previous year?

<p>Compound interest (D)</p> Signup and view all the answers

What is the formula for calculating simple interest?

<p>Is = Prt (D)</p> Signup and view all the answers

What is the interest rate if 2,000 pesos grows to 2,030 pesos in 9 months?

<p>2% (A)</p> Signup and view all the answers

Which formula is used to calculate compound interest?

<p>F = P(1 + r/n)^(nt) (A)</p> Signup and view all the answers

Which type of interest earns interest from the previous year?

<p>Compound interest (C)</p> Signup and view all the answers

What is the principal amount if the maturity value is 11,048.96 pesos and the interest is 1,048.96 pesos after 5 years?

<p>10,000 pesos (B)</p> Signup and view all the answers

What is the rate of interest if 8,000 pesos accumulates to 10,200 pesos in 2 years with quarterly compounding?

<p>12.33% (D)</p> Signup and view all the answers

For how many years will 8,000 pesos accumulate to 10,000 pesos if invested at 5% compounded annually?

<p>4.57 years (A)</p> Signup and view all the answers

Which formula is used to calculate the maturity value in compound interest?

<p>F = P(1 + r/m)^(mt) (D)</p> Signup and view all the answers

What is the interest earned if 10,000 pesos is invested in a bank with 2% interest compounded quarterly for 5 years?

<p>1,048.96 pesos (D)</p> Signup and view all the answers

What is the principal amount if the maturity value is 12,278.27 pesos and the interest rate is 10% compounded semi-annually for 5 years?

<p>10,000 pesos (C)</p> Signup and view all the answers

What is the interest rate if 8,000 pesos accumulates to 10,200 pesos in 2 years with quarterly compounding?

<p>12.33% (B)</p> Signup and view all the answers

For how many years will 8,000 pesos accumulate to 10,000 pesos if invested in a bank at 5% compounded annually?

<p>4.57 years (B)</p> Signup and view all the answers

Which formula is used to calculate the maturity value in compound interest?

<p>F = P(1 + mr)^{mt} (A)</p> Signup and view all the answers

Which type of interest earns interest from the previous year?

<p>Compound interest (B)</p> Signup and view all the answers

What is the interest rate if 2,000 pesos grows to 2,030 pesos in 9 months?

<p>2% (C)</p> Signup and view all the answers

Which type of interest remains constant throughout the investment term?

<p>Simple interest (C)</p> Signup and view all the answers

What is the principal amount if the maturity value is 11,048.96 pesos and the interest is 1,048.96 pesos after 5 years?

<p>10,000 pesos (D)</p> Signup and view all the answers

Which type of interest earns interest from the previous year?

<p>Compound interest (A)</p> Signup and view all the answers

What is the formula for calculating compound interest?

<p>P = F * (1 + r)^t (A)</p> Signup and view all the answers

Which type of interest remains constant throughout the investment term?

<p>Simple interest (C)</p> Signup and view all the answers

What is the interest rate if 2,000 pesos grows to 2,030 pesos in 9 months?

<p>0.025 (C)</p> Signup and view all the answers

For how many years will 8,000 pesos accumulate to 10,000 pesos if invested at 5% compounded annually?

<p>4 years (D)</p> Signup and view all the answers

Which formula is used to calculate the present value of compound interest?

<p>P = F / (1 + rt) (A)</p> Signup and view all the answers

What is the interest rate if 10,000 pesos grows to 12,000 pesos in 3 years?

<p>15% (C)</p> Signup and view all the answers

Which type of interest earns interest from the previous year?

<p>Compound interest (C)</p> Signup and view all the answers

What is the principal amount if the maturity value is 15,000 pesos and the interest rate is 8% compounded annually for 4 years?

<p>14,000 pesos (D)</p> Signup and view all the answers

For how many years will 20,000 pesos accumulate to 25,000 pesos if invested at 6% compounded semi-annually?

<p>5 years (B)</p> Signup and view all the answers

Which formula is used to calculate the present value of compound interest?

<p>F = P / (1 + r)^t (A)</p> Signup and view all the answers

What is the principal amount if the maturity value is 36,000 pesos and the interest rate is 10% compounded semi-annually for 6 years?

<p>P = 36,000 / (1 + 0.10)^6 (D)</p> Signup and view all the answers

What is the interest rate if 10,000 pesos grows to 8,400 pesos in 7 years when compounded annually?

<p>r = (8,400 / 10,000)^(1/7) - 1 (C)</p> Signup and view all the answers

Flashcards

Simple Interest

Interest calculated only on the principal amount.

Simple Interest Formula

Is = Prt

Compound Interest

Interest earned on both the principal and the accumulated interest from prior periods.

Compound Interest Formula (General)

F = P(1 + r/n)^(nt)

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Interest Rate (Simple Interest)

The percentage of interest charged or earned.

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Maturity Value

The final amount you receive after an investment has matured.

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Principal Amount

The original amount of money invested.

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Compounding Frequency

Number of times interest is calculated and added to the principal in a year.

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Present Value

The current worth of a future sum of money or stream of cash flows.

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Calculating interest rate (simple)

Interest rate = (Interest earned/Principal amount * Time)

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Simple Interest Formula

Is = Prt.

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Compound Interest Formula (Quarterly)

F = P(1+r/n)^nt

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Compounding formula (General)

F = P(1 + r/m)^(mt)

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Calculating time (compound)

Involves logarithms or similar methods to solve for time.

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Calculating principal (simple)

Principal = Interest / (Rate * Time)

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Compound interest rate (quarterly)

Detailed calculation; usually requires financial tools or complex arithmetic.

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