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: 14652 SOLUTION 1 : Given: P = n = 2 years = 24month r = 3% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (592 x 25 x = = 444 A = (P x n) +I = (592 x 24) + 444 = 14208 + 444 = 14652 |
2) Imran deposits Answer: 6050 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 = = (242 x 25 x = = 242 A = (P x n) +I = (242 x 24) + 242 = 5808 + 242 = 6050 |
3) Imran deposits Answer: 7693 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 = = (314 x 25 x = = 157 A = (P x n) +I = (314 x 24) + 157 = 7536 + 157 = 7693 |
4) Imran deposits Answer: 5329.5 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 = = (209 x 25 x = = 313.5 A = (P x n) +I = (209 x 24) + 313.5 = 5016 + 313.5 = 5329.5 |
5) Imran deposits Answer: 6025 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 = = (241 x 25 x = = 241 A = (P x n) +I = (241 x 24) + 241 = 5784 + 241 = 6025 |
6) Imran deposits Answer: 12393 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 = = (486 x 25 x = = 729 A = (P x n) +I = (486 x 24) + 729 = 11664 + 729 = 12393 |
7) Imran deposits Answer: 13675 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 = = (547 x 25 x = = 547 A = (P x n) +I = (547 x 24) + 547 = 13128 + 547 = 13675 |
8) Imran deposits Answer: 9924.75 SOLUTION 1 : Given: P = n = 2 years = 24month r = 3% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (401 x 25 x = = 300.75 A = (P x n) +I = (401 x 24) + 300.75 = 9624 + 300.75 = 9924.75 |
9) Imran deposits Answer: 15049 SOLUTION 1 : Given: P = n = 2 years = 24month r = 5% For R.D , N = x [n(n+1)]/2 = x (24 x = x = x 300 = 25 I = = (596 x 25 x = = 745 A = (P x n) +I = (596 x 24) + 745 = 14304 + 745 = 15049 |
10) Imran deposits Answer: 13850 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 = = (554 x 25 x = = 554 A = (P x n) +I = (554 x 24) + 554 = 13296 + 554 = 13850 |