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Test I: Identification. Identify the following items being described. Use the given choices below
___________________________ 1. A payment made to an investment fund each period at a fixed interest rate.
___________________________ 2. A payment made to an investment fund each period at a fixed interest rate to yield a
predetermined future value.
___________________________ 3. An annuity paid over a guaranteed number of periods
___________________________ 4. An annuity paid over an uncertain number of periods.
___________________________ 5. An annuity for which payments are made at the end of each period.
___________________________ 6. A Annuity for which payments are made at the beginning of each period.
___________________________ 7. Annuities where payments are made at the beginning of each period but the
compounding period is NOT equal to the payment period.
___________________________ 8. Annuities where payments are made at the beginning of
each period and the compounding period is EQUAL to the payment period
___________________________ 9. The amount of money borrowed or invested on the origin date
___________________________ 10. Amount paid or earned for the use of money.
___________________________ 11. Interest is computed on the principal and also on the accumulated past interests
___________________________ 12. Interest that is computed on the principal and then added to it
___________________________ 13. Amount after t years that the lender receives from the borrower on the maturity date
___________________________ 14. Date on which money is received by the borrower
___________________________ 15. Person (or institution) who owes the money or avails of the fund from the lender.
Sinking fund
Annuity payment Annuity certain Contingent annuity Ordinary annuity
payment
General Annuities Simple Annuities
Annuity due Principal Interest
Due Due
Maturity value or
Compound Interest Simple Interest loan date Borrower or debtor
future value
Test II. Propositional Logic. Identify the Truth Value of each Table.
F T F T F
F T F T
F F F F
T F T F T F
F T F T F T
F F F F F F
TEST III A. Propositional Logic. Using your truth table on TEST II. Identify the truth value of the given items
below.
TEST III B.
T T F
T F T
T F F
F T T
F T F
F F T
F F F
__________________ __________________________
Mr. Frederic B. Asejo Ms. Ma. Zoraida M. Roderos
Teacher School Principal