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    GenMath 2nd Quarter Exam

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    GenMath 2nd Quarter Exam

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    GenMath 2nd Quarter Exam

    Uploaded by

    princelouie.santos

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Philippine Technological Institute of Science Arts

    and Trade – Central Inc.


    First Semester, S.Y. 2023-2024
    2nd Quarter Final Exam
    Subject: General Mathematics
    Name: Date: Score: /30 points
    Section: Teacher: MR. PRINCE LOUIE CURA SANTOS

    I. COMPUTATION: Simple Interest (2 points each)


    Directions: Find the unknown principal (P), rate (r), time (t) and interest (Is) by completing the table.
    Formulas:
    I s=P ×r × t P=I s ÷(r ×t )r =I s ÷(P × t)t=I s ÷(P ×r )
    PRINCIPAL (P) RATE (r) TIME (t) INTEREST (IS)
    2, 000 5% 3 (1) ________________
    (2) ________________ 12% 5 20, 000
    8,000 (3) ________________ 4 8, 000
    500, 000 9.5% (4) ________________ 285, 000
    1, 000, 000 0.5% 12 (5) ________________

    II. COMPUTATION: Compound Interest (2 points each)


    Directions: Find the unknown principal (P), rate (r), time (t) and interest (Ic) by completing the table. Formulas:
    F=P ( 1+ r )
    t
    I c =F−P

    COMPOUND MATURITY
    PRINCIPAL (P) RATE (r) TIME (t)
    INTEREST (IC) VALUE (F)
    6, 000 8% 12 (1) ____________ (2) ____________
    12, 000 5.5% 6.5 (3) ____________ (4) ____________
    60,000 9.75% 0.83 (5) ____________ 64, 816.71

    III. COMPUTATION: Compound Interest more than once a year (5 points each)
    1. Find the maturity value and interest if P12,550 is deposited in a bank at 4% compounded monthly for 2
    years.
    Given: Formula: Solution: Answer:
    P= j=
    ( )
    mt
    r= n= r
    F=P 1+
    t= F= m
    m= Ic =

    IV. COMPUTATION: Annuities (5 points each)


    1. Shirl started to deposit P18,000 semi-annually in a fund that pays 5% compounded semi-annually. How much will
    be in the fund after 10 years?

    Given: Formula: Solution: Answer:


    R= j=
    r=
    t=
    m=
    n=
    F= F=R ( ( 1+ j )n −1
    j )

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