Written Instructions:
For each Multiple Choice Question (MCQ), four options are given. One of them is the correct answer. Make your choice (1,2,3 or 4). Write your answers in the brackets provided..
For each Short Answer Question(SAQ) and Long Answer Question(LAQ), write your answers in the blanks provided.
Leave your answers in the simplest form or correct to two decimal places.
1) Imran deposits
Answer:_______________ |
2) Imran deposits
Answer:_______________ |
3) Imran deposits
Answer:_______________ |
4) Imran deposits
Answer:_______________ |
5) Imran deposits
Answer:_______________ |
6) Imran deposits
Answer:_______________ |
7) Imran deposits
Answer:_______________ |
8) Imran deposits
Answer:_______________ |
9) Imran deposits
Answer:_______________ |
10) Imran deposits
Answer:_______________ |
1) Imran deposits Answer: 10290 SOLUTION 1 : Given: P = n = 2 years = 24month r = 2% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (420 x 25 x = = 210 A = (P x n) +I = (420 x 24) + 210 = 10080 + 210 = 10290 |
2) Imran deposits Answer: 8900 SOLUTION 1 : Given: P = n = 2 years = 24month r = 4% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (356 x 25 x = = 356 A = (P x n) +I = (356 x 24) + 356 = 8544 + 356 = 8900 |
3) Imran deposits Answer: 10241 SOLUTION 1 : Given: P = n = 2 years = 24month r = 2% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (418 x 25 x = = 209 A = (P x n) +I = (418 x 24) + 209 = 10032 + 209 = 10241 |
4) Imran deposits Answer: 5000 SOLUTION 1 : Given: P = n = 2 years = 24month r = 4% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (200 x 25 x = = 200 A = (P x n) +I = (200 x 24) + 200 = 4800 + 200 = 5000 |
5) Imran deposits Answer: 7650 SOLUTION 1 : Given: P = n = 2 years = 24month r = 6% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (300 x 25 x = = 450 A = (P x n) +I = (300 x 24) + 450 = 7200 + 450 = 7650 |
6) Imran deposits Answer: 13150 SOLUTION 1 : Given: P = n = 2 years = 24month r = 4% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (526 x 25 x = = 526 A = (P x n) +I = (526 x 24) + 526 = 12624 + 526 = 13150 |
7) Imran deposits Answer: 5390 SOLUTION 1 : Given: P = n = 2 years = 24month r = 2% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (220 x 25 x = = 110 A = (P x n) +I = (220 x 24) + 110 = 5280 + 110 = 5390 |
8) Imran deposits Answer: 6350 SOLUTION 1 : Given: P = n = 2 years = 24month r = 4% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (254 x 25 x = = 254 A = (P x n) +I = (254 x 24) + 254 = 6096 + 254 = 6350 |
9) Imran deposits Answer: 7242 SOLUTION 1 : Given: P = n = 2 years = 24month r = 6% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (284 x 25 x = = 426 A = (P x n) +I = (284 x 24) + 426 = 6816 + 426 = 7242 |
10) Imran deposits Answer: 6247.5 SOLUTION 1 : Given: P = n = 2 years = 24month r = 2% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (255 x 25 x = = 127.5 A = (P x n) +I = (255 x 24) + 127.5 = 6120 + 127.5 = 6247.5 |