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Pre-Finals Exam Math
Pre-Finals Exam Math
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Question 1
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The actual number of days between May 4 and Sept 6 of the same year is
Select one:
a. 135
b. 128
c. 125
d. 130
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Question 2
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Select one:
a. 15
b. 12
c. 10
d. 11
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Question 3
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It refers to the middle number if n is odd for a ranked order list of numbers.
Select one:
a. Deviation
b. Mean
c. Median
d. Mode
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Question 4
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The exact simple interest on 5,000 for the period of January 15 to November 28,1992 if the
interest rate is 22%
Select one:
a. 955.74
b. 300.55
c. 547.65
d. 451.89
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Question 5
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Select one:
a. Exact time
b. Ordinary time
c. Simple time
d. Approximate time
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Question 6
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The compound amount when 2,000 is invested at 10% compounded every 6 months for 2
years.
Select one:
a. 2,345.20
b. 2,340.12
c. 2,423.00
d. 2,431.01
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Question 7
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Select one:
a. 13,876.50
b. 10,345.80
c. 11,040.20
d. 12,456.30
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Question 8
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It displays a data set by dividing the data into intervals, or, classes, and listing the number
of data values that fail into each interval.
Select one:
a. Frequency distribution
b. Relative frequency
c. Cumulative frequency distribution
d. Normal distribution
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Question 9
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Select one:
a. Present value
b. Nominal rate
c. Effective ratel
d. Compound value
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Question 10
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The actual time in days from May 1 to Dec 15 of the same year is
Select one:
a. 228
b. 230
c. 227
d. 240
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Question 11
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Select one:
a. 18,509.23
b. 18,348.62
c. 21,000.00
d. 23.500.00
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Question 12
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Select one:
a. Monthly wage
b. Electricity bill
c. Water bill
d. Monthly rental
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Question 13
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The maturity value of a loan of Php 10,000 and interest half of the principal
Select one:
a. 18,000
b. 11,000
c. 15,000
d. 12,000
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Question 14
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Select one:
a. Bond evaluation
b. Bond validation
c. Bond determination
d. Bond interest
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Question 15
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How many conversion periods are there for an amount of 1000 compounded quarterly for 5
years
Select one:
a. 5
b. 15
c. 10
d. 20
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Question 16
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Select one:
a. Bond
b. Compound interest
c. Annuity
d. Interest
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Question 17
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Select one:
a. 12.30%
b. 12.4%
c. 12.20%
d. 12.25%
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Question 18
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How much must be invested today in order to have 15,500 in 2 years if money is worth
12% simple interest?
Select one:
a. 13,000
b. 12,200
c. 12,500.00
d. 12,000
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Question 19
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Select one:
a. 40,920.23
b. 40,000.000
c. 40,000.23
d. 40,029.72
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Question 20
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A loan of Php 2000 is made for a period of 13 months at a simple interest rate of 20%.What
is the maturity value?
Select one:
a. 2.400.32
b. 2,433.33
c. 2,434.22
d. 2,450.12
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Question 21
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49. It is one whose payment depend on an event that cannot be foretold accurately.
Select one:
a. deferred annuity
b. annuity due
c. contingent annuity
d. ordinary annuity
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Question 22
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It is an interest computed based on the original principal during the whole life of investment
Select one:
a. simple
b. annuity
c. compound
d. bond
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Question 23
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What is the annual rate of interest if 265 is earned in four months on an investment of
15,000.00?
Select one:
a. 5,0%
b. 5.3%
c. 5.2%
d. 5.1%
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Question 24
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The time between successive interest computation
Select one:
a. Exact time
b. Approximate time
c. Regression period
d. Compounding period
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Question 25
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Select one:
a. Mode
b. Median
c. Deviation
d. Mean
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Question 26
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What is the present worth of a Php 1000 annuity over a 10-year period if interest rate is
8%?
Select one:
a. 6710.00
b. 7896.00
c. 8976.00
d. 6234.80
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Question 27
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Annuity where payment is done at the end of the term
Select one:
a. Exact annuity
b. Deferred annuity
c. Ordinary annuity
d. Annuity due
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Question 28
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Select one:
a. 4%
b. 2%
c. 1%
d. 3%
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Question 29
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Select one:
a. 15 years
b. 10 years
c. 25 years
d. 20 years
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Question 30
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It is an amount where the borrower is obliged to pay before the bond is surrendered to the
borrower.
Select one:
a. present value
b. maturity value
c. Final redemption value
d. final amount
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Question 31
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Select one:
a. annually
b. quarterly
c. semi-annually
d. monthly
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Question 32
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Select one:
a. Annuity due
b. Annuity certain
c. Ordinary annuity
d. Contingent Annuity
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Question 33
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The mean for data set: 10,12,15,16.,8, 7 is
Select one:
a. 12.12
b. 14.10
c. 11.33
d. 10.55
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Question 34
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Select one:
a. 3 years
b. 4 years
c. 6 years
d. 5 years
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Question 35
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If money is worth 4% compounded monthly ,what payment at the end of each quarter will
replace payments of Php 500.00 monthly
Select one:
a. 1,505.00
b. 1,500.00
c. 1,525.00
d. 1,565.00
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Question 36
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It refers to the sum of the numbers divided by n.
Select one:
a. Deviation
b. Median
c. Mode
d. Mean
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Question 37
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Select one:
a. Ordinary interest
b. Compound
c. Simple interest
d. Exact interest
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Question 38
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The line that minimizes the sum of the squares of the vertical deviations from each data
point to the line is referred to as the least-squares regression line, or least- squares line for
Select one:
a. Random line
b. Regression line
c. Least regression line
d. Least-squares regression line
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Question 39
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The total amount the borrower would need to repay a loan
Select one:
a. Maturity value
b. Principal
c. Present value
d. Compound value
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Question 40
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Select one:
a. none
b. 9
c. 12
d. 10
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Question 41
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Select one:
a. 13.45%
b. 13.52%
c. 13.76%
d. 13.65%
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Question 42
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It is also referred to as the principal
Select one:
a. annuity
b. amount
c. maturity value
d. Present value
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Question 43
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Select one:
a. 800 days
b. 20 months
c. 100 weeks
d. 1.5 years
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Question 44
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It represents the interest earned date or coupon date also referred to as coupon annuity
payments
Select one:
a. Annuity
b. Borrowed principal
c. Periodic payment
d. Bond
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Question 45
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Find the interest rate on 6800 for 3 years at 11% simple interest .
Select one:
a. 1,875.000
b. 2,244.00
c. 1987.00
d. 2144.00
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Question 46
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A man borrowed 10,000 and agrees to pay at the end of 90 days under 8% simple interest
rate. What is the required amount?
Select one:
a. 9,500
b. 10,700
c. 10,200
d. 11,500
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Question 47
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It is an interest bearing contract which obligates the borrower to make payments of interest
and principal on specific dates to the holder of the bond
Select one:
a. Check
b. Annuity
c. Bond
d. Loan
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Question 48
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It is used to convert any formal distribution into the standard normal curve between them.
Select one:
a. Ratio
b. T-score
c. Z-score
d. Standard deviation
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Question 49
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Select one:
a. sequence
b. set
c. null
d. Data set
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Question 50
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How long will it take for 500 to accumulate to 2,000 at 12% compounded semi-annually?
Select one:
a. 12 years
b. 12.5 years
c. 12.7 years
d. 12.9 years