Republic of the Philippines

Department of Education
Region IV – MIMAROPA
NARRA NATIONAL HIGH SCHOOL
Narra, Palawan

Table of Specifications
General Mathematics
2 Quarter , SY 2017-2018
nd

No. of
No. of Item
Topic Competencies Days %
Items Placement
Taught
Chapter 6: Simple 1. Illustrates simple and compound interests. 10 1, 2, 3, 4, 34%
and Compound 2. Distinguish between simple and compound 17 5,6 , 7, 8, 9,
Interest interests. 10, 11, 12,
3. Computes interest, maturity value, future value, 13, 14, 15,
and present value in simple interest and 16, 17
compound interest environment.
4. Solves problem solving involving simple and
compound interests.
Chapter 7: 1. Illustrates simple and general annuities. 10 18, 19, 20, 34%
Annuities 2. Distinguish between simple and general annuities. 17 21, 22, 23,
3. Finds the future value and present value of both 24, 25, 26,
simple annuities and general annuities. 27, 28, 29,
30, 31, 32,
4. Calculates the fair market value of a cash flow stream
33, 34
that includes an annuity.
5. Calculates the present value and period of deferral of
a deferred annuity.
Chapter 8: Basic 1. Illustrates stocks and bonds. 5 8 35, 36, 37, 16%
Concepts of 2. Distinguish between stocks and bonds. 38, 39, 40,
Stocks and Bonds 3. Describes the different markets for stocks and bonds. 41, 42
4. Analyzes the different market indices for stocks and
bonds.
5. Interprets the theory of efficient markets.
Chapter 9: Basic 1. Illustrates business and consumer loans. 5 8 43, 44, 45, 16%
Concepts of Loans 2. Distinguish between business and consumer loans. 46, 47, 48,
3. Solves problems involving business and consumer 49, 50
loans (amortization, mortgage)
Total 30 50 50 100
Republic of the Philippines

Department of Education
MIMAROPA Region
Schools Division of Palawan
District of Narra del Norte
NARRA NATIONAL HIGH SCHOOL
Narra, Palawan
SENIOR HIGH SCHOOL DEPARTMENT
SECOND QUARTERLY EXAMINATION
GENERAL MATHEMATICS
First Semester, SY 2017 – 2018

NAME: __________________________________________ GRADE: ______________ TRACK: ____________ DATE: ______________

Directions: Read and analyze the question/problem, choose the letter that corresponds to your answer.
Shade the letter of your answer on the corresponding spaces before the number.

O O O O 1. It is the interest that is computed on the principal and added on it.

a. Compound Interest b. Simple Interest c. Principal d. Term
O O O O 2. Interest is computed on the principal and also on the accumulated past interests.
a. Compound Interest b. Simple Interest c. Principal d. Term
O O O O 3. Which of the following is NOT true about simple interest?
a. Interest remains constant throughout the investment term.
b. The interest is computed on the principal and then added on it.
c. Interest from the previous year also earns interest.
d. The interest of principal is added to the principal.
O O O O 4. A bank offers 0.25% annual simple interest rate for a particular deposit. How much interest will be
earned if 1 million pesos is deposited in this saving account for 1 year?
a. 4, 000 b. 3, 5000 c. 3, 000 d. 2, 5000
O O O O 5. When invested at an annual interest rate 7%, the amount earned 11, 200 of simple interest in two years.
How much money was originally invested?
a. 1, 568 b. 80, 000 c. 16, 200 d. 12, 768
O O O O 6. If an entrepreneur applies for a loan amounting to 50, 000 in a bank, the simple interest of which is 157,
500 for 3 years, what interest rate is being charged?
a. 8% b. 9.5% c. 10.5% d. 12%
O O O O 7. How long will a principal earn an interest equal to half of it at 5% simple interest?
a. 6 years b. 7 years c. 9 years d. 10 years
O O O O 8. Find the maturity value if 1 million pesos is deposited in a bank at an annual simple interest rate of 0.25%
after 5 years.
a. 12, 500 b. 1, 012, 500 c. 12, 250, 000 d. 1, 250, 000
O O O O 9. Find the maturity value if 10, 000 is compounded annually at an interest rate of 2% in 5 years.
a. 1, 040. 81 b. 11, 040.81 c. 110, 480.81 d. 101,040.81
O O O O 10. Find the compound interest if 50, 000 is invested at 5% compounded annually for 8 years.
a. 23, 872.77 b. 73, 872.77 c. 53, 872.77 d. 93, 872.77
O O O O 11. What is the present value of 50, 000 due in 7 years if money is worth 10% compounded annually?
a. 40, 000 b. 24, 342.09 c. 10, 000 d. 25, 657.91
O O O O 12. Mr. Ocampo invested 150, 000 at 10% compounded annually. He plans to get this amount after 6 years
for his son’s college education. How much will he get?
a. 90, 000.15 b. 60, 000.15 c. 16, 5000.15 d. 265, 734.15
O O O O 13. Find the maturity value if 10, 000 is deposited in a bank at 2% compounded quarterly for 5 years.
a. 11, 048.96 b. 1, 048.96 c. 10, 048.96 d. 2, 048.96
O O O O 14. Find the present value of 50, 000 due in 4 years if money is invested at 12% compounded semi –
annually.
a. 2, 400 b. 52, 400. 62 c. 31, 370.62 d. 18, 630.62
O O O O 15. Cris borrows 50, 000 and promises to pay the principal and interest at 12% compounded monthly. How
much he repay after 6 years?
a. 102, 354.97 b. 120, 354.97 c. 102, 345.97 d. 52, 644.97

O O O O 16. How long will it take 3, 000 pesos to accumulate to 3, 500 in a bank savings account at 0.25%
compounded monthly?
a. 60 years b. 61.67 years c. 67.67 years d. 70 years
O O O O 17. At what nominal rate compounded semi – annually will 10, 000accumulate to 15, 000 in years?
a. 4% b. 4.10% c. 5.24% d. 8.78%
O O O O 18. Annuity where the payment interval is the same as the interest period.
a. General Annuity b. Contingent Annuity
c. Deferred Annuity d. Simple Annuity
O O O O 19. Annuity where the payment interval is not the same as the interest period.
a. General Annuity b. Contingent Annuity
b. Deferred Annuity d. Simple Annuity
O O O O 20. It is equal to the down payment plus the present value of the installment payments.
a. Cash Flow b. Cash Price
c. Simple Annuity d. General Annuity
O O O O 21. Find the future value of an ordinary annuity of 5, 000 payable semi – annually for 10 years if money is
worth 6% compounded semi – annually.
a. 134, 351.87 b. 74, 387.37 c. 94, 348.97 d. 114, 395. 87
O O O O 22. Aling Paring started to deposit 2, 000 quarterly in a fund that pays 5.5% compounded quarterly. How
much will be in the fund after 6 year?
a. 2, 640 b. 640 c. 52, 413. 75 d. 56, 413.75
O O O O 23. The buyer of a house and lot pays 200, 000 cash 10, 000 every month for 20 years. If money is 9%
compounded monthly, how much is the cash value of the lot?
a. 210, 000 b. 1, 111, 449.54 c. 1, 311, 449.54 d. 1, 200, 000
O O O O 24. Find the present value of an ordinary annuity of 5, 000 payable semi – annually for 10 years if money is
worth 6% compounded semi – annually.
a. 134, 351.87 b. 74, 387.37 c. 94, 348.97 d. 114, 395. 87
O O O O 25. To pay for his debt at 12% compounded quarterly, Ruben committed for 8 quarterly payments of 28,
491.28 each. How much did he borrow?
a. 100, 000 b. 140, 000 c. 180, 000 d. 200, 000
O O O O 26. Find the present value of semi – annual payments of 500 at the end of each term for 10 years with rate
of 5% compounded semi – annually.(use j = 0.025, n = 20)
a. 7, 794.58 b. 12, 772.33 c. 7, 497. 33 d. 12, 277.58
O O O O 27. Find the present value of semi – annual payments of 500 at the end of each term for 10 years with rate
of 5% compounded semi – annually.(use j = 0.025, n = 20)
a. 7, 794.58 b. 12, 772.33 c. 7, 497. 33 d. 12, 277.58
O O O O 28. Mel started to deposit 1, 000 monthly in a fund that pays 6% compounded quarterly. How much will be
in the fund after 15 years? (use j = 0.004975, n = 180)
a. 290, 076.28 b. 209, 076.28 c. 189, 024. 72 d. 178, 970. 72
For number 29 – 33, read the annuity problem below.
A loan of 30, 000 is to be repaid monthly for 5 years that will start at the end of 4
years. If interest rate is 12% converted monthly, how much is the monthly payment?
O O O O 29. What type of annuity illustrated in the problem?
a. General Annuity b. Contingent Annuity
c. Deferred Annuity d. Simple Annuity
O O O O 30. What is the total number of payment _________?
a. 20 b. 30 c. 50 d. 60
O O O O 31. The number of conversion periods in the period of deferral is ________.
a. 47 b. 58 c. 180 d. 220
O O O O 32. What is the interest rate per period?
a. 0.01 b. 2.05 c. 0.10 d. 0.250
O O O O 33. What is the present value of the loan?
a. 150, 000 b. 30, 000 c. 70, 000 d. 130, 000
O O O O 34. Find the period of deferral of monthly payments of 10, 000 for 8 years that will start 6 months from now.
a. 6 months or periods b. 5 months or periods
c. 4 months or periods d. 3 months or periods
O O O O 35. A form of equity financing or raising money by allowing investors to be part owners of the company.
a. Market flow b. cash price
c. stocks d. bonds
O O O O 36. A form of debt financing, or raising money by borrowing from investors.
a. Market flow b. cash price
c. stocks d. bonds
O O O O 37. Investors can earn if the security prices increase, but they can lose money if the security prices decrease
or worse, if the company goes bankrupt.
a. Market flow b. cash price
c. stocks d. bonds
O O O O 38. It can be appropriate for retirees (because of the guaranteed fixed income) or for those who need the
money soon.
a. Market flow b. cash price
c. stocks d. bonds
O O O O 39. It is the form of the theory of efficient markets asserts that all information (public and private) are
incorporated in the price.
a. strong b. semi - strong
c. stocks d. bonds
O O O O 40. A food corporation declared a dividend of P25, 000, 000 for its common stock. Suppose there are
180, 000 shares of common stock, how much is the dividend per share?
a. P138.89 b. P24, 820, 000 c. P178.98 d. P258, 897.78
O O O O 41. A certain financial institution declared P57 dividend per share for its common stock. The market value of
the stock is P198. Determine the stock yield ratio.
a. 25.56% b. 28.79% c. 56.79% d. 74 %
O O O O 42. Determine the amount of a semi – annual coupon paid for a 3% bond with a face value of P80, 000 which
matures after 15 years.
a. P2, 400 b. P2, 800 c. P1, 200 d. P1, 400
O O O O 43. Mr. Lim wants to have another branch for his cellphone repair shop. He decided to apply for a loan that
he can use to pay for the rentals of the new branch.
a. Consumer Loan b. mortgage
c. Business Loan d. Collateral
O O O O 44. Mrs. Alonzo decided to take her family for a vacation. To cover the expenses, she decided to apply for a
loan.
a. Consumer Loan b. mortgage
c. Business Loan d. Collateral
O O O O 45. Glenn decided to purchase a condominium unit near his workplace. He got a loan worth P2, 000, 000.
a. Consumer Loan b. mortgage
c. Business Loan d. Collateral
O O O O 46. Roan has a computer shop. She owns 6 computers. She decided to borrow some money from the bank to
buy 10 more computers.
a. Consumer Loan b. mortgage
c. Business Loan d. Collateral
O O O O 47. Assets used to secure the loan. It may be a real –estate or other investments.
a. Consumer Loan b. mortgage
c. Business Loan d. Collateral
O O O O 48. A business loan or consumer loan that is secured with collateral.
a. Mortgage b. Collateral
c. Market loan d. Cash value
O O O O 49. If a house is sold for P3, 000, 000 and the bank requires 20% down payment, find the amount of the
mortgage.
a. P2, 000, 000 b. P2, 400, 000 c. P600, 000 d. P3, 600, 000
O O O O 50. A business loan of 800, 000 is to be repaid in full after 2 years. What is the amount to be paid if the
effective rate of interest is 8%?
a. 850, 000 b. 1, 345 c. 933, 120 d. 1, 760, 346