Questions


August 2022 1 1 Report

1. This form of the theory of efficient markets states that only all public informations are incorporated in the
price of stocks,
A. Serni-strong Form of the Theory
C. Weak Form of the Theory
B. Strong Form of the Theory
D. Moderate Form of the Theory
2. When money is used to start or to expand a business, then this kind of loan is called
A. Business Loan B. Consumer Loan
C. Provisional Loan D. Emergency Loan
3. Mr. Agustin's eldest child is to enroll in college. He wants to borrow money from the bank to pay his
child's school fees. This kind of loan is considered
A Business Loan B. Consumer Loan
C. Provisional Loan D. Emergency Loan
4. If a house is sold for P3,000,000 and the bank requires 25% down payment, find the amount of the
mortgage
A. P2,200,000 B. P2,225,000 C. P2,250,000 D. P2,275,000
5. For the purchase of an SUV worth P1,200,000, the bank requires a minimum amount of 20% down
payment, find the mortgaged amount.
A. P940,000
B. P960,000
C. P970,000
D. P980.000
6. A family obtained a P4,500,000 mortgage. If the monthly payment is P50,000 for 12 years, how much is
the total interest paid?
A. P2,700,000
B. P2,800,000
C. P2,850,000 D. P2,900,000
7. A loan of P50,000 is to be amortized by paying quarterly in 1 year. If money is worth 10% compounded
quarterly, how much is the quarterly installment?
A P10,290.58
B. P12, 256,24
C. P13,290.89
D. P15.254.25
8. Ms. Castillo got a business loan worth P850,000. She agreed to pay the loan quarterly in 4 years. The
quarterly payment is P65,109.14 if money is worth 10% converted quarterly. How much is the
outstanding balance after the second year?
A. P245,245.23 B. P289,457.79
C. P456,645.25 D. P466,841.46
9. A loan is being amortized by paying P12,000 monthly for 36 months. If money is worth 9% compounded
monthly, how much is the outstanding balance after 12 payments?
A. P262,669.75 B. P265,669.45
C. P276,125.89 D. 283,254.25
10. It is a declarative sentence that is either true or false, but not both.
A. Opinion
B. Phrase
C. Proposition D. Question

guyz pasagot po ng maayos pleasee

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