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    REVIEWER IN GENERAL MATHEMATICS

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    celeneagalot

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    © All Rights Reserved
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    REVIEWER IN GENERAL MATHEMATICS

    Uploaded by

    celeneagalot
    4 views2 pages

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    4 views2 pages

    REVIEWER IN GENERAL MATHEMATICS

    Uploaded by

    celeneagalot

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    REVIEWER IN GENERAL MATHEMATICS (2ND QUARTER)

     The amount paid for the use of money is called interest.


     Simple interest is applied only to the principal amount.
     Compound interest is applied both to the principal amount and the accumulated
    interest.
     Simple interest is the computed return from the present value for a given
    duration of a transaction.
     Maturity value (future value) is the total amount to be received or paid for a
    certain obligation.
     Present value is the amount being borrowed or the amount being invested.
     Compound interest is the sum which represents the increase in the original
    principal at the end of the
    term.
     Compound amount is the result when the interest is added to the principal
    periodically and their sum
    becomes the principal for the following period.
     An annuity is a sequence of equal payments made at equal intervals of time.
     The interval between consecutive payments is called the payment interval. The
    interval may be
    monthly,
    bimonthly, quarterly, semiannually
    , and
    annually
    .
     The term of an annuity is the time from the beginning of the first payment
    interval through the day of the
    last payment.
     Simple annuity is an annuity in which the payment interval is equal to the
    compounding period.
     General annuity is an annuity in which the payment interval is different from the
    compounding period.
     Present value is the amount of money required in the beginning.
     Future value is the sum of the accumulated values of the periodic payments at
    the end of the term.
     If the payment is made at the end of each payment interval, it is an ordinary
    annuity.
     If the payment is made at the beginning of each payment interval, it is an
    annuity due.
     Ordinary general annuity is a general annuity in which payments are made at the
    end of the payment
    period with different payment interval and compounding interval.
     General annuity due is a general annuity in which payments are made at the
    beginning of the payment
    period with different interval and compounding interval.
     The fair market value of a cash flow stream on a particular date refers to a single
    amount that is a fair
    market substitute for the cash flow stream.
     Cash flow is a term that refers to payments that can be either inflows (payments
    received) or outflows
    (payments made).
     Deferred annuity is an annuity in which the first payment interval is not made at
    the beginning nor end of
    the payment interval, but at a later date.
     Deferral period is the length of time from the present to the beginning of the first
    payment interval.
     Present value is the amount of money to be invested or to be paid today.
     Stocks are referred as equity when a person who buys a stock is buying an
    actual share of the company,
    which makes him or her a part owner.
     Bonds are debt equity or security in which the authorized guarantor owes the
    holders an obligation and is
    obliged to repay the principal and interest.
     A stock market is a place where you can buy or sell stocks publicly from various
    listed companies.
     Consumer loans are loans that are extended to people for personal or household
    use.
     Business loans are loans specifically intended for business purposes.
     A proposition is a declarative sentence which is true or false but not both.
     Simple propositions are simple statements that can be decided whether true or
    false.

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