Republic of the Philippines

Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

SECOND QUARTER EXAM

Gen Math 11

NAME ________________________________GR.&SEC.___________

For items 1 – 5, write A if the statement is correct and B if otherwise.

1. The interest remains the same throughout the term in compound interest.
2. Compound interest yields to a higher amount of interest as compared to simple
interest.
3. The principal amount borrowed is also known as the present value.
4. The future value in simple interest can be computed by multiplying the principal
amount, interest rate, and the term (in years).
5. There are 30 days per month when computing for ordinary interest.

For items 6 – 10, write C if the statement refers to the nature of a stock
and D if it refers to a bond.

6. Lower risks with lower rewards

7. Ownerships are sold by the corporates
8. Has a maturity date
9. Offers higher risks but higher rewards
10. Has a higher returns of investment

For items 11 – 15, write E if the statement is true and F if false.

11. Annuities involves simple interest.

12. Simple annuity involves and general annuity are annuities according to time of
payment.
1−( 1+i )−n
13. In P=R [ b
], b is determined by dividing the number of months in a
( 1+ i ) −1
payment interval and the number of months in a compounding period.

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 Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

14. The fair market value can be computed by adding the present values of an
amount in general annuity.
15. Stores that offer deferred payments if you purchase the item you need to but
pay after 2 months instance.

For item 16 – 17, choose the letter of the correct answer.

16. Given a P=₱10,000, r=5%, t=3 years and 6 months, solve for the future value
in simple interest.
A. ₱11,750.00 B. ₱11,862.13 C. ₱27,500.00 D. ₱41,335.14

17. Given a P=₱15,000, i m=6%, t=3 years, and m=4, solve for the future value in
compound interest.
A. ₱17,865.24 B. ₱17,934.27 C. ₱61,440.00 D. ₱80,253.75

For items 18-20, please refer to the problem below:

18. Harry decided to put the inheritance left by his parents, Lily, and James, in
savings account at Metrobank with interest rate of 4.50% compounded
annually.

19. Which formula should we use to compute for the total amount he will get after
a period of time in compound interest?
t −t n −n
A. F=P ( 1+ r ) B. F=P ( 1+ r ) C. F=P ( 1+ j ) D. F=P ( 1+ j )

20. If Harry’s parents left him ₱600,000.00 and computed with compound interest,
how much will Harry get after 30 years?
A. ₱686,514.13 B. ₱785,502.13 C. ₱1,410,000.00 D. ₱2,247,190.88

For items 21 – 24, refer to the problem below.

Percy is planning to borrow money amounting to ₱200,000.00 at Philippine

Veterans Bank offering 1.25% compounded quarterly, while Philippine National Bank
offers 1% compounded monthly.

21. How much will be the maturity value after 3 years if he borrows from Philippine
Veterans Bank?
A. ₱206,083.19 B. ₱206,088.33 C. ₱207,630.26 D. ₱207,638.35

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 Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

22. How much will be the maturity value after 3 years if he borrows from Philippine
National Bank?
A. ₱206,083.19 B. ₱206,088.33 C. ₱207,630.26 D. ₱207,638.35

23. Which bank offers the smaller interest?

A. Philippine Veterans Bank C. any of the two
B. Philippine National Bank D. cannot be determined

24. Which bank is the best choice to borrow money from?

A. Philippine Veterans Bank C. any of the two
B. Philippine National Bank

25. Which of the following expression will compute for the present value of an
annuity?
1−( 1+i )
−n
1−( 1+i )−n ( 1+ i )n−1 ( 1+ i )n −1
A. R[ ] B. R[ b
] C. R[ b
] D. R[ ]
i ( 1+i ) −1 ( 1+ i ) −1 i

26. Find the present value of an ordinary annuity of ₱ 2,000 payable annually for 9
years if the money is worth 5% compounded quarterly.
A. ₱ 3,275.45 B. ₱ 7,866.05 C. ₱ 14,155.99 D. ₱ 29,494.57

For items 27 – 30, please refer to the situation below:

Alex and Tony are twins. After graduation and being finally able to get a good
job, they plan for retirement as follows.
• Starting at age 24, Alex deposits ₱10,000.00 at the end of each year for 36
years.
• Starting at age 42, Tony deposits ₱20,000.00 at the end of each year for 18
years.Both annuities earn 12% per year compounded annually.

27. What is the future value for Alex’s plan?

A. ₱241,331.33 B. ₱1,114,994.30 C. ₱3,465,829.25 D. ₱4,844,631.16

28. What is the future value for Tony’s plan?

A. ₱241,331.33 B. ₱1,114,994.30 C. ₱3,465,829.25 D. ₱4,844,631.16

29. Who have a better retirement plan?

A. Alex B. Tony C. Both D. Cannot be determined

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Contact Numbers: 09985373512
“Batang IP nga Kampyon: Abilidad kag Kinaadman Pauswagon, Ipadayon paagi sa Kalidad nga Edukasyon!”
 Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

30. The buyer of a lot pays ₱ 50,000 cash and ₱ 10,000 every month for 10 years.
If money is 8% compounded monthly how much is the cash value of the lot?
A. ₱844,217.81 B. ₱847,412.81 C. ₱847,214.81 D. ₱874,214.81

For items 31 – 33, please refer to the situation below:

William received two offers for investment. The first one is ₱100,000 every
year for 5 years at 6% compounded annually. The other investment scheme is
₱8,000 per month for 5 years with the same interest rate. Which fair market value
between these offers is preferable?

31. What is the future value of the first offer?

A. ₱536,709.30 B. ₱563,709.30 C. ₱563,079.30 D. ₱563,970.30

32. What is the value of the second offer?

A. ₱579,913.24 B. ₱597,139.24 C. ₱597,139.24 D. ₱597,913.24

33. Which fair market value between these offers is preferable?

A. first offer C. both have the same FMV
B. second offer D. cannot be determined

For items 34 – 35, please refer to situation below:

A deferred annuity is purchased that will pay ₱5,000 per quarter for 10 years
after being deferred for 5 years and with interest rate of 6% compounded quarterly.

34. What is the period of deferral of the said annuity?

A.5 B. 10 C. 19 D. 20

35. What is the present value of the annuity?

A. ₱111,058.15 B. ₱111,085.15 C. ₱111,508.15 D. ₱111,805.15

Refer to the scenario below to answer items 36 – 40.

Corporation A, with a current market value of ₱ 65.00, give a dividend of ₱9 per
share of its common stock. Corporation B, with a current market value of ₱ 85.00,
give a dividend of ₱ 12.00 per share.

36. What is the stock yield ratio for Corporation A?

A. 13.84% B. 13.85% C. 14.11% D. 14.12%

37. Which of the following is the stock yield ratio for Corporation B?
A. 13.84% B. 13.85% C. 14.11% D. 14.12%

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Facebook Account: https://www.facebook.com/SibatoIS2017
Contact Numbers: 09985373512
“Batang IP nga Kampyon: Abilidad kag Kinaadman Pauswagon, Ipadayon paagi sa Kalidad nga Edukasyon!”
 Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

38. In which corporation will you invest your money? Why?

A. Corporation A, because each peso will earn you more if you invest in A than in B.
B. Corporation A, the lower the share the higher the stock yield ratio.
C. Corporation B, because each peso will earn you more if you invest in B than in A.
D. Corporation B, the lower the stock yield ratio the more you earn.

39. What is the amount of the semi-annual coupon for a bond with a face value of
₱200,000.00 that pays 5% payable semi-annual for its coupon.
A. ₱2,500 B. ₱5,000 C. ₱10,000 D. ₱20,000

40. A certain corporation declared a 5% dividend on a stock with a par value of

₱600.00 Mrs. Lastima owns 150 shares of stocks with a par value of ₱600.00
How much is the dividend she received?
A. ₱30 B. ₱4,500 C. ₱9,000 D. ₱90,000

For items 41 – 45, write A if the statement refers to the nature of a

business loan and write B if it refers to a consumer loan.
41. Instead of working as a call center manager, Luisa decided to leave her job
and put up a home-based call center instead. To finance her business, she
borrowed money from Land Bank of the Philippines.
42. Xavier is currently a 4th year nursing student in Riverside College Bacolod. To
augment her needs in her studies, his parents borrowed money from the bank
for his financial needs.
43. Mavis is a promising student in Science and Technology. She recently
developed a robotic technology planting crops that was financed by her
supportive parents. For her to finish her invention, her parents loan a big
amount for her to finish her invention.
44. Ester would like to start a snack truck. Since her family has an available van for
her snack truck, she wants to borrow some money from the bank for her to buy
the equipment and supplies for the food truck.
45. Dexter proved to have a successful venture in her food cart business in
Savemore Supermarket. With this, he would like to open another food cart in
Gaisano Grand. To realize plan, he decided to loan an amount to open a
branch.

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Facebook Account: https://www.facebook.com/SibatoIS2017
Contact Numbers: 09985373512
“Batang IP nga Kampyon: Abilidad kag Kinaadman Pauswagon, Ipadayon paagi sa Kalidad nga Edukasyon!”
 Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

For items 46 – 50, find the total cost of each stock purchase below. Write
your solution on the space after the table.

No. of Shares Name of Stock Market Price per Share Commission

46. 1000 ANI ₱1.75 ₱75.00
47. 2000 COAL ₱0.94 ₱94.00
48. 500 FGEN ₱30.55 ₱763.50
49. 100 FPH ₱106.00 ₱530.00
50. 750 SMC ₱74.45 ₱2,792.00

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