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12:59 WA Business Ill 5G TQs math 200 - Rheygan.pdf ✓ Done UNIVERSITY OF THE CORDILLERAS College of Business Administration 3rd Trimester, SY 2023-2024 TEST QUESTIONS FINAL EXAMINATIONS Math 200 Mathematics of Investment Instructor: Clayton M. Langgato Part I. MULTIPLE CHOICE. (5 points each = 85 points) INSTRUCTIONS: Choose the letter that corresponds to the correct answer. Write your answer in a test booklet. 1. Ms. Biyuti invested her money in a bank which offers 16% compounded quarterly. Find the effective rate to which ms. Biyuti can invest her money that will give her the same amount. A) 18.11% B) 16.99% C) 11.69% 2. Find the nominal rate which if converted monthly yield an effective rate of 10%. A) 9.57% B) 10.47% C) 11.10% 3. Mr. Rayt invests an account which earns interest at 18% compounded monthly. At what nominal rate compounded quarterly that yields the same amount could she as well invest the money? A) 18% B) 18.27% C) 29.56% 4. If Mr. Dizon has P4,000.00 loan due in 2 years and another P8,000.00 due in 2 years with accumulated interest from today 8% effective. How much will settle the balance at the end of 2 years? A) P12,640.00 B) P12,652.80 C) P13,331.20 For questions 5 to 9, refer to the case below: Case 1: Mr. Det owes the following: a) P2,300.00 payable in 6 years at 12% m=2 b) P2,500.00 payable in 8 years at 12% m=2 c) P8,000.00 payable in 10 years at 8% m=2 Page 1 of 3 Mr. Det agrees to settle those obligations by paying P5,000 at the end of 3rd year, P3,000 at the end of 5th year, and a payment at the end of the 10th year. Money is worth 12% compounded monthly. (Focal Date: 10th year) 5. What is the future value of the obligation of P2,300.00 worth 12% m=2 at year 6? A) P3,262.59 B) P4,628.05 C) P8,960.74

12:59 WA Business Ill 5G TQs math 200 - Rheygan.pdf ✓ Done UNIVERSITY OF THE CORDILLERAS College of Business Administration 3rd Trimester, SY 2023-2024 TEST QUESTIONS FINAL EXAMINATIONS Math 200 Mathematics of Investment Instructor: Clayton M. Langgato Part I. MULTIPLE CHOICE. (5 points each = 85 points) INSTRUCTIONS: Choose the letter that corresponds to the correct answer. Write your answer in a test booklet. 1. Ms. Biyuti invested her money in a bank which offers 16% compounded quarterly. Find the effective rate to which ms. Biyuti can invest her money that will give her the same amount. A) 18.11% B) 16.99% C) 11.69% 2. Find the nominal rate which if converted monthly yield an effective rate of 10%. A) 9.57% B) 10.47% C) 11.10% 3. Mr. Rayt invests an account which earns interest at 18% compounded monthly. At what nominal rate compounded quarterly that yields the same amount could she as well invest the money? A) 18% B) 18.27% C) 29.56% 4. If Mr. Dizon has P4,000.00 loan due in 2 years and another P8,000.00 due in 2 years with accumulated interest from today 8% effective. How much will settle the balance at the end of 2 years? A) P12,640.00 B) P12,652.80 C) P13,331.20 For questions 5 to 9, refer to the case below: Case 1: Mr. Det owes the following: a) P2,300.00 payable in 6 years at 12% m=2 b) P2,500.00 payable in 8 years at 12% m=2 c) P8,000.00 payable in 10 years at 8% m=2 Page 1 of 3 Mr. Det agrees to settle those obligations by paying P5,000 at the end of 3rd year, P3,000 at the end of 5th year, and a payment at the end of the 10th year. Money is worth 12% compounded monthly. (Focal Date: 10th year) 5. What is the future value of the obligation of P2,300.00 worth 12% m=2 at year 6? A) P3,262.59 B) P4,628.05 C) P8,960.74

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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12:59 WA Business Ill 5G TQs math 200 - Rheygan.pdf ✓ Done UNIVERSITY OF THE CORDILLERAS College of Business Administration 3rd Trimester, SY 2023-2024 TEST QUESTIONS FINAL EXAMINATIONS Math 200 Mathematics of Investment Instructor: Clayton M. Langgato Part I. MULTIPLE CHOICE. (5 points each = 85 points) INSTRUCTIONS: Choose the letter that corresponds to the correct answer. Write your answer in a test booklet. 1. Ms. Biyuti invested her money in a bank which offers 16% compounded quarterly. Find the effective rate to which ms. Biyuti can invest her money that will give her the same amount. A) 18.11% B) 16.99% C) 11.69% 2. Find the nominal rate which if converted monthly yield an effective rate of 10%. A) 9.57% B) 10.47% C) 11.10% 3. Mr. Rayt invests an account which earns interest at 18% compounded monthly. At what nominal rate compounded quarterly that yields the same amount could she as well invest the money? A) 18% B) 18.27% C) 29.56% 4. If Mr. Dizon has P4,000.00 loan due in 2 years and another P8,000.00 due in 2 years with accumulated interest from today 8% effective. How much will settle the balance at the end of 2 years? A) P12,640.00 B) P12,652.80 C) P13,331.20 For questions 5 to 9, refer to the case below: Case 1: Mr. Det owes the following: a) P2,300.00 payable in 6 years at 12% m=2 b) P2,500.00 payable in 8 years at 12% m=2 c) P8,000.00 payable in 10 years at 8% m=2 Page 1 of 3 Mr. Det agrees to settle those obligations by paying P5,000 at the end of 3rd year, P3,000 at the end of 5th year, and a payment at the end of the 10th year. Money is worth 12% compounded monthly. (Focal Date: 10th year) 5. What is the future value of the obligation of P2,300.00 worth 12% m=2 at year 6? A) P3,262.59 B) P4,628.05 C) P8,960.74
Transcribed Image Text:12:59 WA Business Ill 5G TQs math 200 - Rheygan.pdf ✓ Done UNIVERSITY OF THE CORDILLERAS College of Business Administration 3rd Trimester, SY 2023-2024 TEST QUESTIONS FINAL EXAMINATIONS Math 200 Mathematics of Investment Instructor: Clayton M. Langgato Part I. MULTIPLE CHOICE. (5 points each = 85 points) INSTRUCTIONS: Choose the letter that corresponds to the correct answer. Write your answer in a test booklet. 1. Ms. Biyuti invested her money in a bank which offers 16% compounded quarterly. Find the effective rate to which ms. Biyuti can invest her money that will give her the same amount. A) 18.11% B) 16.99% C) 11.69% 2. Find the nominal rate which if converted monthly yield an effective rate of 10%. A) 9.57% B) 10.47% C) 11.10% 3. Mr. Rayt invests an account which earns interest at 18% compounded monthly. At what nominal rate compounded quarterly that yields the same amount could she as well invest the money? A) 18% B) 18.27% C) 29.56% 4. If Mr. Dizon has P4,000.00 loan due in 2 years and another P8,000.00 due in 2 years with accumulated interest from today 8% effective. How much will settle the balance at the end of 2 years? A) P12,640.00 B) P12,652.80 C) P13,331.20 For questions 5 to 9, refer to the case below: Case 1: Mr. Det owes the following: a) P2,300.00 payable in 6 years at 12% m=2 b) P2,500.00 payable in 8 years at 12% m=2 c) P8,000.00 payable in 10 years at 8% m=2 Page 1 of 3 Mr. Det agrees to settle those obligations by paying P5,000 at the end of 3rd year, P3,000 at the end of 5th year, and a payment at the end of the 10th year. Money is worth 12% compounded monthly. (Focal Date: 10th year) 5. What is the future value of the obligation of P2,300.00 worth 12% m=2 at year 6? A) P3,262.59 B) P4,628.05 C) P8,960.74
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