Business Mathematics (NATG12 REVIEW)

A refrigerator is for sale at P17,999 in cash or on terms, P1,600 each month for the next 12 months. Money is 9% compounded monthly. Which is lower?

• Cash price

• The present value of the installment terms

Write 3/10 as a percent

• 3%

• 30%

• 0.3%

• 0.03%

Simply tells us how many parts of a whole we have. It is composed of numerator and denominator.

• Denominator

• Fraction

• Vinculum

• Numerator

James aims to accumulate 1 Million pesos in 12 years. Which investment will require the smallest present value?

• 8% simple interest

• 8% Compounded Annually

• 8% Compounded Quarterly

• 8% Compounded Monthly

A financial institution declared a dividend of P75,000.000 for its common stock. Suppose there are 900,000 shares of common stock, how much is the dividend per share?

• P100

• P83.33

• P0.083

• P57.58

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

• Coupon

• Interest (I)

• Simple Interest

• Compound Interest

Two variables say x and y, varying such that as x increases, y also increases or as x decreases, y also decreases always the proportionally; that is the ratio x/y same. The same holds true with the ratio y/x.

• Partitive Proportion

• Inverse Proportion

• Direct Proportion

• Ratio and Proportion

What percent of 24 is 12?

• 25%

• 50%

• 60%

• 75%

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

• Principal (P)

• Interest (I)

• Simple Interest

• Maturity Value or Future Value

Mr. Sarmiento aims to have his investment grow to P500,000 in 4 years. how much should he invest in an account that pays 5% compounded annually?

• 411,351.24

• 607,753.13

• 389,451

• 745,212.90