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1. computing exact interest which ratio to year to number of days is considered.

-B. 365

2. which of these equals the future value of an annuity due.

-B. the sum accumulated values of the payment at the end.

3. computing ORDINARY INTEREST ratio of YEAR.

-C. 360

4. which symbol for logical operator is used in a disjunction.

-B. V

5. INDEX FOR BONDS refers to the ratio of ANNUAL DIVIDEND current price.

-A. current yield

6. which of these refers to the annuity wherein PERIODIC PAYMENTS are made at the END of payment
interval.

-B. ordinary annuity

7. Which kind of stock pays the owner FIXED PERCENTAGE of the stock par value each year.

-C. Preferred stock

8. which of these refers to the ORIGINAL PRICE set by a company for stocks when they are FIRST
ISSUED.

-D. PAR VALUE

9. Suppose some interest on an investment is COMPOUNDED SEMU-ANNUALLY, how much


compounding period will there in a year.

-B. 2

10. which term is used to refer to any position that it is ALWAYS TRUE under any circumstances.

-C. tautology

11. Which term is used to refer to any proposition that is ALWAYS FALSE under any circumstances.
-D. contradiction

12. which kind of stock gives the owner THE RIGHT TO SHARE profits and TO VOTE on company policy.

-D. common stock

13. logical operation precedes a proposition with the word NOT.

-D. negation

14. which type of annuity has UNEQUAL PAYMENT INTERVALS and INTEREST CONVERSATION PERIOD?

-B. general annuity

15. which of these refers to SOME AMOUNT TO BE PAID usually in EQUAL TIME INTERVALS.

-D. annuity

16. if total gains are 2,000 and the total cost is 10,000, what is the rate of return?

-C. 20%

17. which of these DOES NOT FOLLOW from the formula for interest, l = prt

-B. l = R/PT

18. suppose stocks holders with commutative preferred stocks would receive 10% of per value. how
much would each of the receive if the par value is Php 100.

-C. P10

19. ordinary annuity Php 1,000 quarterly for two (2) years. How many payments there.

-A. 8

20. suppose a company had net income of 750,000 and distributed dividends worth 600,000. How much
is the retained earnings?

-C. Php 150,000

21. suppose time, t=0.5 years, how many days is it equivalent to if ordinary interest.

-A. 180 days


22. suppose an amount is deposited in a savings account for five (5) years at some rate COMPOUNDED
MONTHLY. Which of these toral number of compounding periods?

-A. 60

23. suppose and amount is deposited in a savings account and there is a total of 12 COMPOUNDING
PERIODS FOR THREE (3) YEARS. how many compounding periods are there in a year for saving money.

-C. 4

24. all negative real numbers are real numbers less than 0. all real numbers less than 0 are also less
than 1. which conclusion...

-D. all negative real numbers are less than 1.

25. suppose P is false and Q is false, which of this proposition is false.

-B. P^Q

26. Which of these is a proposition?

-B. the sum of 1 and 2 is 12

27. if price per share is Php60 and annual earnings per share is Php 10. what us the price earnings ratio.

-D. Php 6

28. if P: x=3, what is ~p?

-D. x≠3

29. let P= x<3 and Q: 3<y, which of this proposition is conclusion correctly drawn from the premise PVQ.

-B. x<y

30. which of these equals the annual dividend in terms of percent yield and price per share?

-C. percent yield x price per share

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