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Without using finance calculator,
(a) What sum of money will become RM 15,000 in three years at a simple interest rate of 8% per annum?
(b) A certain sum of money is invested now. This investment will be worth RM5500 after fifteen months and RM5800 after twenty-four months. Find the original principal and the simple interest rate that was offered.
(c) A finance company charges a simple interest of 18% per year for short-term loans. If a loan of RM 15,000 was charged RM 337.50, how long was the term of the loan?
(a) What sum of money will become RM 15,000 in three years at a simple interest rate of 8% per annum?
(b) A certain sum of money is invested now. This investment will be worth RM5500 after fifteen months and RM5800 after twenty-four months. Find the original principal and the simple interest rate that was offered.
(c) A finance company charges a simple interest of 18% per year for short-term loans. If a loan of RM 15,000 was charged RM 337.50, how long was the term of the loan?
Without using finance calculator,
Noel bought a house by making a down payment of RM 45,000. The balance was borrowed from a bank which charged interest of 7% compounded monthly for 25 years with monthly payments of RM 1413.56.
(a) Find the amount borrowed.
(b) What is the market price of the house?
(c) If he failed to make the first 5 payments, how much should he pay on the 6th payment to settle all the outstanding arrears?
Noel bought a house by making a down payment of RM 45,000. The balance was borrowed from a bank which charged interest of 7% compounded monthly for 25 years with monthly payments of RM 1413.56.
(a) Find the amount borrowed.
(b) What is the market price of the house?
(c) If he failed to make the first 5 payments, how much should he pay on the 6th payment to settle all the outstanding arrears?
without using finance calculator,
Refer to Johan's investment account, i.e. the monthly deposits made into his investment account:
Year Monthly deposits
2017 SR 500
2018 SR 400
2019 SR 700
Find the value of his investment at the end of 2019 if the investment rate was 12% compounded monthly. Find also the interest earned.
Refer to Johan's investment account, i.e. the monthly deposits made into his investment account:
Year Monthly deposits
2017 SR 500
2018 SR 400
2019 SR 700
Find the value of his investment at the end of 2019 if the investment rate was 12% compounded monthly. Find also the interest earned.
without using finance calculator,
Tisha B plans to retire from nursing at age 65 and hopes to withdraw RM 25,000 per year from her retirement plan until she is 90.
(a) If money earns 8% per year compounded annually, how much will she need at age 65?
(b) If she deposits RM 2000 per year into her retirement plan beginning at age 32, and if the retirement plan earns 8% per year compounded annually, will her retirement account enough for her to meet her goals?
Tisha B plans to retire from nursing at age 65 and hopes to withdraw RM 25,000 per year from her retirement plan until she is 90.
(a) If money earns 8% per year compounded annually, how much will she need at age 65?
(b) If she deposits RM 2000 per year into her retirement plan beginning at age 32, and if the retirement plan earns 8% per year compounded annually, will her retirement account enough for her to meet her goals?
without using finance calculator,
(a) Haziq invests RM15,000 in a fund at 7% compounded quarterly. After t years, the value of the investment is RM300,000. Determine the value of t.
(b) Sarah invested RM5000 into an account that pays 5% compounded semiannually. She intended to keep the account untouched for 5 years. However, after 3 years, she had to withdraw RM3000. Find the amount left in the account after five years from the time she made her investment.
(a) Haziq invests RM15,000 in a fund at 7% compounded quarterly. After t years, the value of the investment is RM300,000. Determine the value of t.
(b) Sarah invested RM5000 into an account that pays 5% compounded semiannually. She intended to keep the account untouched for 5 years. However, after 3 years, she had to withdraw RM3000. Find the amount left in the account after five years from the time she made her investment.
Without using finance calculator,
(a) What sum of money will become RM 15,000 in three years at a simple interest rate of 8% per annum?
(b) A certain sum of money is invested now. This investment will be worth RM5500 after fifteen months and RM5800 after twenty-four months. Find the original principal and the simple interest rate that was offered.
(a) What sum of money will become RM 15,000 in three years at a simple interest rate of 8% per annum?
(b) A certain sum of money is invested now. This investment will be worth RM5500 after fifteen months and RM5800 after twenty-four months. Find the original principal and the simple interest rate that was offered.
typically, retail prices for clothing and shoes of a particular brand and style are the same regardless of size. yet, larger sizes use more raw material in their production are thus more costly to produce. why do you think this occurs? are firms that these products at a single price regardless of size engaging in price discrimination?
Posted about 2 hours ago
Posted about 2 hours ago
typically, retail prices for clothing and shoes of a particular brand and style are the same regardless of size. yet, larger sizes use more raw material in their production are thus more costly to produce. why do you think this occurs? are firms that these products at a single price regardless of size engaging in price discrimination?
According to the quantity theory of money, if Madibaz Island produces 200 units
of output and has a money supply equal to R1000, then if the money supply
doubles while velocity remains unchanged, the new price level will?
of output and has a money supply equal to R1000, then if the money supply
doubles while velocity remains unchanged, the new price level will?
Under the demand supply analysis let us assume that the price of hardwood is $50/unit. Now government has imposed a 5% tax to the seller which increased the cost of production. Explain the following with help of diagram. 1)do the cost of production affects cost and supply explain with reference of necessities and non essential goods 2)will there be movement along curve. Explain with reference to necessities and non essential goods 3)in order to maintain the same profit as before imposition of tax how much should the seller increase presuming a) demand of product is perfectly inelastic b) demand for good is perfectly elastic
