Business Mathematics

Business Mathematics

11th Grade

20 Qs

quiz-placeholder

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Business Mathematics

Business Mathematics

Assessment

Quiz

Mathematics

11th Grade

Medium

Created by

Raffy Sarmiento

Used 238+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person or (institution) who invests the money or makes the funds available

Lender or Creditor

Borrower or Debtor

Principal

Bondholder

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person or (institution) who owes the money or avails of the funds from the lender

Lender or Creditor

Borrower or Debtor

Principal

Bondholder

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The date on which money is received by the borrower

Origin or Loan Date

Repayment Date or Maturity Date

Time

Annually

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The date on which the money borrowed or loan is to be completedly repaid.

Origin or Loan Date

Repayment Date or Maturity Date

Time

Annually

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money borrowed or invested on the origin date.

Principal (P)

Interest (I)

Simple Interest

Maturity Value or Future Value

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amount paid or earned for the use of money

Coupon

Interest (I)

Simple Interest

Compound Interest

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest is computed on the principal and then added to it.

Coupon

Interest (I)

Simple Interest

Compound Interest

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