GM-2NDQTR-PT#6

An interest that is computed based on the principal, rate and time.

Which logical connector denotes 𝑝 ⟶ 𝑞

It is the share in the company’s profit.

Which annuity refers to a payment that begins and ends at definite time?

These are compound statements that is TRUE regardless the truth value of the individual statements.

Which annuity refers to a payment that is made at the beginning of each period?

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

What do you call a statement that is either true or false but not both?

If the total number of conversion periods is 12 and the term is 6 years, which schedule is applicable for the compounded amount?

Ann decided to take her family for a vacation in Palawan, Cebu and Bohol. To cover the expenses, she decided to apply for a loan amounting to ₱100,000.00

This operator is “true” if at least one of the propositions is true.

Mr. Enriquez owns a lemon juice cart business. He wants to put another juice cart on a new mall in the other city. He decided to have a loan to establish a new business.

An annual value, usually in percent, charged by the bank for the use of the money

Which annuity refers to a payment interval that is not the same as the interest period?

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

An interest that is computed on the principal and also on the accumulated past interests.

It is the amount paid or earned for the use of money.

Mr. Gregorio borrowed Php 15,000.00 for 1 year at an annual simple interest rate of 10%. 7. Compute for the Maturity Value.

It is a periodic interest payment that the bondholder receives during the time between purchase date and maturity date.

This is a compound statement formed by joining two statements with the connector “and”.

This operator is “true” if and only if both propositions are true.

Mr. Gregorio borrowed Php 15,000.00 for 1 year at an annual simple interest rate of 10%. How much is the interest?