Gen-math Reviewer

interest

When a person borrows money, he must pay back the original amount borrowed plus the fee for the use of the money called the

maturity value or future value

The total repayment is known as

principal amount

When a person or business borrows money through a loan the amount borrowed is known as the

Time Period

tells you how long the loan will exist

rate

The percentage of the principal charged as interest each year is known as rate

present value

is the principal which must be invested now at a given interest rate

annuity

is a sequence of equal payments made at equal intervals of time

annuity certain

an annuity whose term is fixed

conntigent annuity

is an annuity that does not begin making payments to the beneficiary until a certain stated event occurs

ordinary annuity

end of each period

annuity due

beginning of each period

deferred annuity

start at some future date

Simple interest

is a quick and easy method of calculating the interest charge on a loan.

Compound Interest

is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods

future value

is the total accumulation of payments and interests earned.

present value

is the principal that must be invested or loaned today to provide the regular payments of an annuity.

deferment period

The length of time from the present to beginning of the first payment interval is known

STOCKS

It offer an ownership stake in accompany. It can be bought or sold

STOCKS

It refers to the equity-the value of ownership interest in corporation.

EXCHANGE

It is a place where buyers and sellers meet and decide on a price.

Physical locations

where transactions are carried out on a trading floor

Virtual exchange

which is composed of a network of computers where trades are made electronically.

BONDS

These are built on debt instead of equity.

BONDS

They are loans made by an investor to a company, or others such as government organization.

Propositional Logic

is an assertion or statement that is either true or false, but not both

Simple Propositions

does not contain other statements as parts and is usually represented by lower case letters

Compound propositions

just like sentences in languages, may be constructed using connectors, conjunctions and transitional words

Negations

It is any statements P which can be formed by using the word not changing =, to ≠ , or some similar revisions.

Disjunction

If P and Q are propositions, the _________ of P and Q, denoted by P ∨ Q which is read as “P or Q” is the proposition whose truth value depends on P or Q.

Conjunction

If P and Q are propositions, this ________ of P and Q, denoted by P ∧ Q which is read as “P and Q” is the proposition whose truth values depends on P and Q.

Implications

These are conditional statements which are sometimes called as if-then statements