Mathematics in the Modern World (Final Exam) PDF

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FINAL EXAM MATH BY: ARIAM100/Question Answer saved 1Marked out of 1. Question text It refers to the number that occurs most frequently in a list of numbers. Select one: a. Mode b. Median c. Mean d. Deviation Clear my choiceQuestion Answer saved 2Marked out of 1. Question text How long will 1,000 amo...

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FINAL EXAM MATH BY: ARIAM 100/100 Question 1 Answer saved Marked out of 1.00

Question text It refers to the number that occurs most frequently in a list of numbers. Select one: a. Mode b. Median c. Mean d. Deviation Clear my choice Question 2 Answer saved Marked out of 1.00

Question text How long will 1,000 amount to 1,346 if invested at 6% compounded quarterly? Select one: a. 3 years b. 6 years c. 5 years d. 4 years

Clear my choice Question 3 Answer saved Marked out of 1.00

Question text A man borrowed 10,000 and agrees to pay at the end of 90 days under 8% simple interest rate. What is the required amount? Select one: a. 10,700 b. 11,500 c. 9,500 d. 10,200 Clear my choice Question 4 Answer saved Marked out of 1.00

Question text What rate compounded annually will double any sum in 6 years? Select one: a. 12.30% b. 12.4% c. 12.20% d. 12.25% Clear my choice

Question 5 Answer saved Marked out of 1.00

Question text It refers to the middle number if n is odd for a ranked order list of numbers. Select one: a. Deviation b. Mean c. Mode d. Median Clear my choice Question 6 Answer saved Marked out of 1.00

Question text Annuity where payment is done at the end of the term Select one: a. Ordinary annuity b. Exact annuity c. Annuity due d. Deferred annuity Clear my choice Question 7 Answer saved Marked out of 1.00

Question text The total amount the borrower would need to repay a loan Select one: a. Present value b. Principal c. Compound value d. Maturity value Clear my choice Question 8 Answer saved Marked out of 1.00

Question text It is one whose payment depend on an event that cannot be foretold accurately. Select one: a. ordinary annuity b. annuity due c. deferred annuity d. contingent annuity Clear my choice Question 9 Answer saved Marked out of 1.00

Question text If money is worth 4% compounded monthly ,what payment at the end of each quarter will replace payments of Php 500.00 monthly

Select one: a. 1,565.00 b. 1,525.00 c. 1,500.00 d. 1,505.00 Clear my choice Question 10 Answer saved Marked out of 1.00

Question text The maturity value of a loan of Php 10,000 and interest half of the principal Select one: a. 11,000 b. 15,000 c. 18,000 d. 12,000 Clear my choice Question 11 Answer saved Marked out of 1.00

Question text The mode for the data in #5 is Select one: a. none

b. 12 c. 9 d. 10 Clear my choice Question 12 Answer saved Marked out of 1.00

Question text A loan of Php 2000 is made for a period of 13 months at a simple interest rate of 20%.What is the maturity value? Select one: a. 2,433.33 b. 2,434.22 c. 2,450.12 d. 2.400.32 Clear my choice Question 13 Answer saved Marked out of 1.00

Question text It refers to a collection of numbers or values that relate to a particular subject. Select one: a. sequence b. null

c. set d. Data set Clear my choice Question 14 Answer saved Marked out of 1.00

Question text What is the present worth of a Php 1000 annuity over a 10-year period if interest rate is 8%? Select one: a. 6710.00 b. 8976.00 c. 7896.00 d. 6234.80 Clear my choice Question 15 Answer saved Marked out of 1.00

Question text It is an interest bearing contract which obligates the borrower to make payments of interest and principal on specific dates to the holder of the bond Select one: a. Check b. Loan c. Annuity

d. Bond Clear my choice Question 16 Answer saved Marked out of 1.00

Question text It displays a data set by dividing the data into intervals, or, classes, and listing the number of data values that fail into each interval. Select one: a. Normal distribution b. Relative frequency c. Frequency distribution d. Cumulative frequency distribution Clear my choice Question 17 Answer saved Marked out of 1.00

Question text The median for the data in #5 is Select one: a. 11 b. 15 c. 10 d. 12

Clear my choice Question 18 Answer saved Marked out of 1.00

Question text What rate compounded quarterly is equivalent to 14% compounded semiannually? Select one: a. 13.52% b. 13.76% c. 13.45% d. 13.65% Clear my choice Question 19 Answer saved Marked out of 1.00

Question text The interest computed on the basis of a 360-day year Select one: a. Simple interest b. Ordinary interest c. Compound d. Exact interest Clear my choice Question 20

Answer saved Marked out of 1.00

Question text It is one which payment begin and end at fixed times. Select one: a. Annuity due b. Annuity certain c. Ordinary annuity d. Contingent Annuity Clear my choice Question 21 Answer saved Marked out of 1.00

Question text It is also referred to as the principal Select one: a. annuity b. amount c. maturity value d. Present value Clear my choice Question 22 Answer saved Marked out of 1.00

Question text How long will it take for 500 to accumulate to 2,000 at 12% compounded semi-annually? Select one: a. 12 years b. 12.9 years c. 12.5 years d. 12.7 years Clear my choice Question 23 Answer saved Marked out of 1.00

Question text The exact simple interest on 5,000 for the period of January 15 to November 28,1992 if the interest rate is 22% Select one: a. 300.55 b. 547.65 c. 955.74 d. 451.89 Clear my choice Question 24 Answer saved Marked out of 1.00

Question text

It is an amount where the borrower is obliged to pay before the bond is surrendered to the borrower. Select one: a. maturity value b. final amount c. Final redemption value d. present value Clear my choice Question 25 Answer saved Marked out of 1.00

Question text It refers to the sum of the numbers divided by n. Select one: a. Median b. Mode c. Deviation d. Mean Clear my choice Question 26 Answer saved Marked out of 1.00

Question text If 16,000 earns 480 in 9 months ,what is the annual rate of interest? Select one:

a. 4% b. 1% c. 3% d. 2% Clear my choice Question 27 Answer saved Marked out of 1.00

Question text The actual number of days between May 4 and Sept 6 of the same year is Select one: a. 130 b. 125 c. 128 d. 135 Clear my choice Question 28 Answer saved Marked out of 1.00

Question text The present worth of 20,000 with simple interest of 12% due in 9 months is Select one: a. 21,000.00 b. 18,348.62

c. 18,509.23 d. 23.500.00 Clear my choice Question 29 Answer saved Marked out of 1.00

Question text It represents the interest earned date or coupon date also referred to as coupon annuity payments Select one: a. Periodic payment b. Annuity c. Bond d. Borrowed principal Clear my choice Question 30 Answer saved Marked out of 1.00

Question text It is used to convert any formal distribution into the standard normal curve between them. Select one: a. T-score b. Ratio c. Standard deviation

d. Z-score Clear my choice Question 31 Answer saved Marked out of 1.00

Question text How many conversion periods are there for an amount of 1000 compounded quarterly for 5 years Select one: a. 15 b. 5 c. 10 d. 20 Clear my choice Question 32 Answer saved Marked out of 1.00

Question text It refers to the bond rate or coupon rate Select one: a. Nominal rate b. Compound value c. Present value d. Effective ratel

Clear my choice Question 33 Answer saved Marked out of 1.00

Question text The largest interest can be obtained when compounded. Select one: a. semi-annually b. quarterly c. monthly d. annually Clear my choice Question 34 Answer saved Marked out of 1.00

Question text Which is regarded as an annuity? Select one: a. Electricity bill b. Monthly wage c. Monthly rental d. Water bill Clear my choice Question 35

Answer saved Marked out of 1.00

Question text Find the interest rate on 6800 for 3 years at 11% simple interest . Select one: a. 1,875.000 b. 2,244.00 c. 2144.00 d. 1987.00 Clear my choice Question 36 Answer saved Marked out of 1.00

Question text The actual time in days from May 1 to Dec 15 of the same year is Select one: a. 240 b. 228 c. 230 d. 227 Clear my choice Question 37 Answer saved Marked out of 1.00

Question text It is an interest computed based on the original principal during the whole life of investment Select one: a. simple b. bond c. compound d. annuity Clear my choice Question 38 Answer saved Marked out of 1.00

Question text The process of determining the current value of a bond Select one: a. Bond evaluation b. Bond validation c. Bond determination d. Bond interest Clear my choice Question 39 Answer saved Marked out of 1.00

Question text How much must be invested today in order to have 15,500 in 2 years if money is worth 12% simple interest?

Select one: a. 12,200 b. 12,500.00 c. 12,000 d. 13,000 Clear my choice Question 40 Answer saved Marked out of 1.00

Question text The line that minimizes the sum of the squares of the vertical deviations from each data point to the line is referred to as the least-squares regression line, or least- squares line for Select one: a. Regression line b. Random line c. Least regression line d. Least-squares regression line Clear my choice Question 41 Answer saved Marked out of 1.00

Question text It is found by assuming each month to be 30 days Select one:

a. Approximate time b. Simple time c. Ordinary time d. Exact time Clear my choice Question 42 Answer saved Marked out of 1.00

Question text Which covers the longest time? Select one: a. 20 months b. 800 days c. 100 weeks d. 1.5 years Clear my choice Question 43 Answer saved Marked out of 1.00

Question text At a certain interest compounded semiannually , 5,000 will amount 20,000 in 10 years .What is the amount at the end of 15 years? Select one: a. 40,000.23

b. 40,029.72 c. 40,000.000 d. 40,920.23 Clear my choice Question 44 Answer saved Marked out of 1.00

Question text Accumulate 5,000 for 10 years at 8% compounded quarterly. Select one: a. 11,040.20 b. 10,345.80 c. 12,456.30 d. 13,876.50 Clear my choice Question 45 Answer saved Marked out of 1.00

Question text It is a sequence of equal payments made at equal periods Select one: a. Interest b. Compound interest c. Annuity

d. Bond Clear my choice Question 46 Answer saved Marked out of 1.00

Question text The compound amount when 2,000 is invested at 10% compounded every 6 months for 2 years. Select one: a. 2,340.12 b. 2,345.20 c. 2,423.00 d. 2,431.01 Clear my choice Question 47 Answer saved Marked out of 1.00

Question text How long will 4,000 to 14,000 at a simple interest rate of 12.5% ? Select one: a. 20 years b. 15 years c. 25 years d. 10 years

Clear my choice Question 48 Answer saved Marked out of 1.00

Question text The time between successive interest computation Select one: a. Exact time b. Compounding period c. Approximate time d. Regression period Clear my choice Question 49 Answer saved Marked out of 1.00

Question text The mean for data set: 10,12,15,16.,8, 7 is Select one: a. 12.12 b. 11.33 c. 10.55 d. 14.10 Clear my choice Question 50

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Question text What is the annual rate of interest if 265 is earned in four months on an investment of 15,000.00? Select one: a. 5.1% b. 5.3% c. 5.2% d. 5,0%...