SAINT ODILARD SCHOOL

Pag-asa Subdivision, Bucandala IV, Imus City Cavite

2nd MONTHLY TEST

GENERAL MATHEMATICS 11

NAME: DATE: 1/25/2023

GRADE & SECTION: 11 - OPAL Score:
TEACHER: Mr. Jhunmar V. Jayag, LPT 𝟓𝟎

GENERAL INSTRUCTION:
1. This is a 50-points test for 1 hour.
2. Read & analyze the directions, questions & problems intently.
3. Don’t forget to fill in the required information in the above table.
4. Use extra sheet of paper for your solution. GOD BLESS in taking the exam.

PROBLEM SOLVING:
A. Simple Interest
DIRECTION: Solve each simple interest word problem and answer the following:
A. Given
B.Required
C. Solution
D.Answer

1. Sara puts Php200000.00 into an investment yielding 5% annual simple interest. She left the
money in for five years. How much interest does Sara get at the end of those five years?
2. A bank is offering 3.5% simple interest on a savings account. If you deposit Php375000.00,
how much interest will you earn in two years?
3. Php20000.00 interest is earned on a principal of Php100000.00 at a simple interest rate of
5% interest per year. For how many years was the principal invested?
4. In how many years will Php60000.00 yield an interest of Php9000.00 at 3% simple interest?

5. Jim invested Php200000.00 in a bond at a yearly rate of 4.5%. He earned Php27000.00 in

interest.
How long was the money invested?

B. COMPOUND INTEREST
DIRECTION: Solve each compound interest word problem and answer the following:
A. Given
B.Required
C. Solution
D.Answer

1. Brenda invests Php242,00.00 in a savings account with a fixed annual interest rate of 5%
compounded 2 times per year. What will the account balance be after 6 years?
2. Jasmine invests Php132900.00 in a retirement account with a fixed annual interest rate of
9% compounded continuously. What will the account balance be after 15 years?
3. Lea invests Php416650.00 in a savings account with a fixed annual interest rate of 8%
compounded 2 times per year. What will the account balance be after 12 years?
4. Maria invests Php307700.00 in a savings account with a fixed annual interest rate of 8%
compounded continuously. What will the account balance be after 10 years?
5. Huong invests Php429450.00 in a retirement account with a fixed annual interest rate of
7% compounded continuously. How long will it take for the account balance to reach
Php1066892.50?