Read the following passage on transport, and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions from 36 to 42.
(1) Interest is the sum charged for borrowing money for a fixed period of time. Principal is the term used for the money that is borrowed, and the rate of interest is the percent per year of the principal charged for its use. Most of the profits for a bank are derived from the interest that they charge for the use of their own or their depositor’s money.
(2) All problems in interest may be solved by using one general equation that may be stated as follows:
Interest = Principal X Rate X Time
(3) Any one of the four quantities – that is, interest, principal, rate, or time – may be found when the other three are known. The time is expressed in years. The rate is expressed as a decimal fraction. Thus, 6 percent interest means six cents charged for the use of $1 of principal borrowed for one year. Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year. For purpose of computing interest for short periods, the commercial year or 360 days is commonly used, but when large sums of money are involved, exact interest is computed on the basis of 365 days.
A commercial year is used to compute
(A) exact interest
(B) interest on large sums of money
(C) interest on a large principal
(D) interest for short periods of time
Đáp án D
(3) For purpose of computing interest for short periods, the commercial year or 360 days is commonly used
Tiền lãi là phí phải trả cho 1 khoản tiền vay trong 1 khoảng thời gian xác định. Gốc là số tiền vay, còn lãi suất là tỷ lệ người vay phải trả trong mỗi năm cho việc sử dụng số tiền gốc. Hầu hết lợi nhuận của ngân hàng là từ số tiền lãi họ nhận được khi cho người khác vay chính tiền của mình hoặc của các khách hàng gửi tiền.
Công thức để tính tiền lãi là:
Số tiền lãi = Số tiền gốc x Lãi suất cho vay x Thời gian vay
Có thể tìm ra 1 đại lượng bất kì nếu biết 3 đại lượng còn lại. Thời gian vay được tính bằng năm. Lãi suất cho vay được thể hiện bằng số thập phân.
Do đó, nếu thấy tỉ lệ lãi suất là 6%, nghĩa là với 1$ tiền gốc, người vay phải trả 6 cents tiền lãi trong 1 năm. Dù thời gian vay có thể ngắn hăn, bằng hoặc dài hơn 1 năm, đa số các đơn xin vay đều có thời gian ngắn hơn 1 năm. Với khoản vay ngắn hạn, 1 năm sẽ được tính là 360 ngày, nhưng nếu khoản vay lớn, 1 năm sẽ được tính chính xác là 365 ngày.
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Mark the letter A, B, C, or D to indicate the phrase that is CLOSEST in meaning to the underlined ones.
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Mark the letter A, B, C, or D on your answer sheet to indicate the most suitable response to complete each of the following exchanges.
Let’s meet outside the theatre.
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Mark the letter A, B, C, or D on your answer sheet to indicate the word whose underlined part differs from the other three in pronunciation in each of the following questions.
Mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the following questions:
If your mobile phone ………………… to get water in it, it’ll stop working.
Mark the letter A, B, C, or D to indicate the phrase that is OPPOSITE in meaning to the underlined ones.
In the final match between Liverpool and Manchester United, viewers witnessed the deadly strike’s 11th goal of the season.
Read the following passage on transport, and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions from 36 to 42.
(1) Interest is the sum charged for borrowing money for a fixed period of time. Principal is the term used for the money that is borrowed, and the rate of interest is the percent per year of the principal charged for its use. Most of the profits for a bank are derived from the interest that they charge for the use of their own or their depositor’s money.
(2) All problems in interest may be solved by using one general equation that may be stated as follows:
Interest = Principal X Rate X Time
(3) Any one of the four quantities – that is, interest, principal, rate, or time – may be found when the other three are known. The time is expressed in years. The rate is expressed as a decimal fraction. Thus, 6 percent interest means six cents charged for the use of $1 of principal borrowed for one year. Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year. For purpose of computing interest for short periods, the commercial year or 360 days is commonly used, but when large sums of money are involved, exact interest is computed on the basis of 365 days.
Which of the following would be a correct expression of an interest rate as stated in the equation for computing interest?
Mark the letter A, B, C, or D on your answer sheet to indicate the most suitable response to complete each of the following exchanges.
Customer: …………………..
Salesman: It’s over there, next to the dry fruit section.
Read the following passage on transport, and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions from 36 to 42.
(1) Interest is the sum charged for borrowing money for a fixed period of time. Principal is the term used for the money that is borrowed, and the rate of interest is the percent per year of the principal charged for its use. Most of the profits for a bank are derived from the interest that they charge for the use of their own or their depositor’s money.
(2) All problems in interest may be solved by using one general equation that may be stated as follows:
Interest = Principal X Rate X Time
(3) Any one of the four quantities – that is, interest, principal, rate, or time – may be found when the other three are known. The time is expressed in years. The rate is expressed as a decimal fraction. Thus, 6 percent interest means six cents charged for the use of $1 of principal borrowed for one year. Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year. For purpose of computing interest for short periods, the commercial year or 360 days is commonly used, but when large sums of money are involved, exact interest is computed on the basis of 365 days.
The word “fixed” in paragraph 1 is closest in meaning to
Mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the following questions:
A number of young teachers nowadays………themselves to teaching disadvantaged children.
Mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the following questions:
Does Mr.Ba bring his farm……………. to the local market every day?
Read the following passage on transport, and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions from 36 to 42.
(1) Interest is the sum charged for borrowing money for a fixed period of time. Principal is the term used for the money that is borrowed, and the rate of interest is the percent per year of the principal charged for its use. Most of the profits for a bank are derived from the interest that they charge for the use of their own or their depositor’s money.
(2) All problems in interest may be solved by using one general equation that may be stated as follows:
Interest = Principal X Rate X Time
(3) Any one of the four quantities – that is, interest, principal, rate, or time – may be found when the other three are known. The time is expressed in years. The rate is expressed as a decimal fraction. Thus, 6 percent interest means six cents charged for the use of $1 of principal borrowed for one year. Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year. For purpose of computing interest for short periods, the commercial year or 360 days is commonly used, but when large sums of money are involved, exact interest is computed on the basis of 365 days.
With what topic is this passage primarily concerned?
Mark the letter A, B, C, or D on your answer sheet to indicate the underlined part that needs correction in each of the following questions.
That inventors in the stock market enjoys (A) increases and suffer declines (B) is simply a fact of the financial market, and a small inventor is not too excited about the former (C) or crestfallen (D) about the latter.
Mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the following questions:
Whatever we expect from………………future, it is noted that progress has never moved in straight lines.
Mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the following questions:
The more challenging the exercises are,……………….we feel