THE MTH106 KEYNOTE IS A MUST! CLICK THE BUTTON BELOW TO GET IT NOW!
The EXAM PRACTICE QUESTIONS AND ANSWERS are not complete without the KEYNOTE! Get the KEYNOTE for a token now! Use the button below!
Numbers to the left of zero on the real number line are called _________
a. unrea
b. positive
c. real
d. negative
In any application of the theory of sets, all the sets under investigation will likely be subsets of a fixed set called ______________
a. a family of sets
b. geometry of sets
c. class of sets
d. universal set
The following relationship is true about the numbers systems
a.N⊂Z⊂R⊂Q
b.Z⊂N⊂R⊂Q
c.N⊂R⊂ZQ⊂
d.N⊂Z⊂Q⊂R
Let T = {2,6,8} then 2^T=
a. {T, {2,6}, {2,8}, {6,8}, {2}, {6},{8}}
b.{{2,6}, {2,8}, {6,8}, {2}, {6}, {8}, ∅}
c.{T, {2,6}, {2,8}, {6,8}, {2}, {6}, {8}, ∅}
d.{ {2,6}, {2,8}, {6,8}, {2}, {6},{8}}
The complement of the set of rational numbers in the real numbers is the set of _____ numbers
a. natural
b. irrational
c. whole
d. complex
The first six prime numbers are
a. 1,2,3,4,5,6
b. 0,1,2,3,5,6
c. 2,3,5,7,11,13
d. 1,2,3,5,7,11
Two sets C and D are said to be disjoint if ________________
a. their union is an empty set
b. They are comparable
c. their family is void
d.their intersection is a null set
Given the set N=2,4,6,8,⋯then N is said to be
a. infinite
b. regenerating
c. finite
d. generating
A _________ number is a natural number, excluding 1, which is only divisible by 1 and itself
a. complex
b. rational
c. whole
d. prime
If f (x) = x2 for x a real number and g(x) = x2 where x is a complex number. Which of the statement is true?
a. the functions f and g are not equal since they have different co-domains
b. the functions f and g are equal since they have different domains
c. the functions f and g are not equal since they have different domains
d. the functions f and g are equal since they have different co-domains
Let f assign to each real number its square, that is, for every real number X let f(x)=x2 The domain and co-domain of f are
a. both the rational numbers
b. both the natural numbers
c. both the complex numbers
d. both the real numbers
One of the theorems is not true
a.Let A be a subset of B. Then the union of A and B is precisely B
b.Let A be a subset of B. Then B’ is a subset of A’
c.Let A be a subset of B. Then the union intersection of A and B is precisely A
d.Let A be a subset of B. Then the Union of A and (B – A) is precisely A…
Let E = {a, b, c, d} and F = {f, b, d, g}. Then E∩F is
a.{b, d}
b.{b, d, g}
c.{b, d, f}
d.{b, d, c}
Two sets A and B with no common elements are said to be _____________
a. empty
b. null
c. uncommon
d. disjoint
The intersection of any set A and its complement A‘ is the _______________ set
a.unity
b.null
c.universal
d.equality of
The elements in a set are separated by ______________
a. dash
b. full stop
c. commas
d. brackets
Any well-defined list, collection or class of objects is known as ______
a. Set
b. definition
c. Matrix
d. listing
The set {{1,3}, {2}, {4,5}} is called
a. a family of sets
b. universal set
c. class of sets
d. geometry of sets
The union of any set A and its complement A‘ is the _______________ set
a. universal
b. unity
c. complementary
d. equality of
A set is ________ if it consists of a specific number of different elements
a. counting
b. finite
c. specified
d. infinite
Numbers to the left of zero on the real number line are called __________
a. negative
b. unreal
c. real
d. positive
1. An ____ is an annuity whose payments are made at the beginning of each period
a) Annuity-past
b) Annuity-fixed
c) Annuity-done
d) Annuity-due
2. A _____ is an annuity for which the payments continue forever
a) Perpetuity
b) Proximity
c) Due
d) Propensity
3. _____ primary considerations when thinking about annuities
a) Four
b) Five
c) Three
d) Two
4. The first thing to determine is if you need an_____ or deferred annuity.
a) Immediate
b) Calculated
c) Predicted
d) Fixed
5. In an_____ annuity, the investor begins to receive payments immediately upon investing
a) Commission
b) Immediate
c) Calculated
d) Predicted
6. In a deferred annuity, you typically receive payments starting at some____
date, usually at retirement
a) Future
b) Current
c) Mid-way
d) Concurrent
7. _____annuities are invested primarily in government securities and high-grade corporate bonds.
a) Timely
b) Flexible
c) Fixed
d) Wavering
8. They offer a guaranteed rate of return, typically over a period of one to ____ years.
a) Fifteen
b) Ten
c) Twelve
d) Eight
9. There are ____ basic types of fixed annuities.
a) Three
b) Four
c) Two
d) One
10. GRA is an acronyms for the Guaranteed ______ Annuities
a) Income
b) Investment
c) Dividend
d) Return
11. The _____ Value Adjustment annuity (MVA)
a)
Money
b) Mortgage
c) Militate
d) Market
12. A _____ annuity is a contract between you and an issuer whereby you agree to give the issuer principal and in return the issuer guarantees you variable payments over time.
a) Variable
b) Varieties
c) Valued
d) Varied
13. GMIB; Guaranteed Minimum ______ Benefit
a) Incumbent
b) Income
c) Incidences
d) Investment
14. ____ flow is the movement of money into or out of a business, project, or
financial product.
a) Cost
b) Considerable
c) Cash
d) Consumption
15. The _____cash flow/operating cash flow ratio measures the relationship between free cash flow and operating cash flow
a) Fixed
b) Free
c) Focused
d) Flexible
16. Free cash flow is most often defined as operating cash flow minus capital
______
a) Expenditures
b) Expenses
c) Exponents
d) Expectations
17. An item on the cash flow statement belongs in the investing activities section if it results from any ______
a) Purchases
b) Assets
c) Liabilities
d) Gains
18. An investing activity refers to cash spent on investments in _____ assets
a) Liabilities
b) Capital
c) Profitable
d) Projected
19. CFF; CASH FLOW FROM ______,
a) FINANCE
b) FORCAST
c) FORMATION
d) FORMULA
20. CASH FLOW FROM _________,
a) INVESTIGATION
b) INVESTMENT
c) INVOICES
d) INVENTORY
21. CFO; CASH FLOW FROM _______
a) OPPOSITIONS
b) OPPOSTIMISTICS
c) OPERATION
d) OPERANT
22. _____ CASH FLOW = CFF + CFI + CFO
a) NETWORK
b) NEMESIS
c) NET
d) NETFLIX
23. FCFE; free cash flow to____
a) Equity
b) Equation
c) Equipment
d) Equality
24. (P/CF) price-to-cash-flow ______
a) Rational
b) Price
c) Ratio
d) Reoccurred
25. FCFF; free cash flow to the ____
a) Formulae
b) Formulation
c) Foremost
d) Firm
26. Cash Flow from investing activities includes purchasing and selling long-term _____
a) Liabilities
b) Assets
c) Valuables
d) Commodities
27. Cash Flow from financing activities includes issuing and buying back capital stock, as well as ______ and repaying loans on a short- or long-term basis (issuing bonds and notes)
a). Borrowing
b). Investing
c). Lending
d). Leasing
32. The sinking fund was first used in ______ in the 18th century to reduce national debt.
a) Lagos
b) Abuja
c) Canada
d) Great Britain
33. Investors prefer bonds and debentures backed by sinking funds because there is less _____ of a default
a) Stress
b) Panic
c) Risk
d) Obstacle
34. In ______ the nonconformist minister Richard Price published a pamphlet on methods of reducing the national debt.
a) 1772
b) 1779
c) 1771
d) 1776
35. _____ Pitt the Younger, who drafted a proposal to reform the Sinking Fund
in 1786.
a) Ayo
b) William
c) Socrates
d) Wolesoyinka
GENERAL FORMULA FOR SINKING FUND PAYMENT
36. 
R = Ai / (1+i) / i represent ______
a) Interest
b) Internet
c) Interlocutor
d) Interlock
37. n: number of______.
a) Years
b) Months
c) Days
d) Periods
38. Interest that is computed on the previously accumulated interest as well as on the principal is called _______ interest.
a) Simple
b) Compound
c) Composite
d) Common
39. Debt instruments are a way for markets and participants to easily _____the ownership of debt obligations from one party to another.
a) Transfer
b) Movement
c) Relocation
d) Reconsideration
40. Debt _____ transfer-ability increases liquidity and gives creditors a means of trading debt obligations on the market
a) Responsibility
b) Obligation
c) Focus
d) Derivatives
41. _____ are often referred to as debt instruments, debt obligations, or fixed
income securities
a) Liabilities
b) Dividend
c) Bonds
d) Investment
42. The rate of interest that a bond pays to the bondholder is called the _____ rate.
a) Interest
b) Partnership
c) Labour
d) Coupon
43. Bearer bonds became the _____ of whoever had physical possession of the bond
a) Property
b) Capital
c) Liability
d) Asset
44. ____ coupon bonds do not make coupon payments during the life of the bond
a) Life
b) Long-term
c) Short-term
d) Zero
45. Zeros, as they are sometimes called, are bonds that pay no coupon or _____ payment.
a) Increased
b) Interest
c) Viable
d) Composit
46. A floating rate bond has a coupon rate that is pegged to a ______(standard for others to follow),
a) Fixation
b) Writtten
c) Concreted
d) Benchmark
47. { } this called a ______
a) Matrix
b) Set
c) Sequence
d) Element
48. ∪ This is called _____
a) Unionism
b) Utopia
c) Umbrella
d) Union
49. All the element that belongs all sets. Let set A = {5,7,8} and let set B = {6,11,15, Y}. What is the union of set A & B?
Ans. {5,6,7,8,11,15,Y}
51. Let set A = {5,Y,7,8} and let set B ={6,11,15,Y}. What is the INTERSECTION of set A & B?
AՈB = { Y }
52. The _____ of a set is seen as an element that is not a member of a particular set.
a) Composition
b) Complement
c) Formation
d) Regulation
53. Let U = {1,2,3,4,5,6,7,8,9,10,11} A = {2,4,6,8,10} what is A complement?
Ans; AI = {1,3,5,7,11}
54. There are _____ sides to a real line
a) Three
b) Four
c) Two
d) One
55. ______ are numbers that is not fraction a whole numbers.
a) Equations
b) Number lines
c) Integers
d) Matrices
This is interesting sir. You’re trying has you’re there for us your generation will not lack anything in Jesus name.
Thank you for the feedback.
Thanks 👍