General Mathematics Quiz

It is the amount of money borrowed or invested on the origin date.

• Future Value

• rate

• Interest

• Principal

It refers to the amount paid or earned for the use of money.

• Future Value

• rate

• Interest

• time

It is the amount of time in years the money is borrowed or invested; length of time between the origin and maturity dates.

• rate

• time

• Principal

• Future Value

What is the principal amount?

• 0.09

• 8

• P12,000.00

• P200,000.00

What is the interest rate?

• 0.09

• 8

• P12,000.00

• P200,000.00

Which of the following is the time?

• 0.08 year

• 0.09 year

• 3 2 year

• 8 months

The interest is ____.

• 0.09

• 8

• P12,000

• P200,000.00

How much did he pay after 8 months?

• P12,000.00

• P188,000.00

• P200,000.00

• P212,000.00

What is the interest rate offered by Bank B?

• 0.5%

• 4.5%

• 5%

• 9.5%

The amount of principal is ____.

• 4.5%

• 5%

• P50,000

• ₱100,000.00