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: 11286.75 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 = = (447 x 25 x = = 558.75 A = (P x n) +I = (447 x 24) + 558.75 = 10728 + 558.75 = 11286.75 |
| 2) Imran deposits Answer: 14433 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 = = (566 x 25 x = = 849 A = (P x n) +I = (566 x 24) + 849 = 13584 + 849 = 14433 |
| 3) Imran deposits Answer: 10951.5 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 = = (447 x 25 x = = 223.5 A = (P x n) +I = (447 x 24) + 223.5 = 10728 + 223.5 = 10951.5 |
| 4) Imran deposits Answer: 7395 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 = = (290 x 25 x = = 435 A = (P x n) +I = (290 x 24) + 435 = 6960 + 435 = 7395 |
| 5) Imran deposits Answer: 14550 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 = = (582 x 25 x = = 582 A = (P x n) +I = (582 x 24) + 582 = 13968 + 582 = 14550 |
| 6) Imran deposits Answer: 8625 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 = = (345 x 25 x = = 345 A = (P x n) +I = (345 x 24) + 345 = 8280 + 345 = 8625 |
| 7) Imran deposits Answer: 14528.25 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 = = (587 x 25 x = = 440.25 A = (P x n) +I = (587 x 24) + 440.25 = 14088 + 440.25 = 14528.25 |
| 8) Imran deposits Answer: 12469.5 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 = = (489 x 25 x = = 733.5 A = (P x n) +I = (489 x 24) + 733.5 = 11736 + 733.5 = 12469.5 |
| 9) Imran deposits Answer: 6094.5 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 = = (239 x 25 x = = 358.5 A = (P x n) +I = (239 x 24) + 358.5 = 5736 + 358.5 = 6094.5 |
| 10) Imran deposits Answer: 8775 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 = = (351 x 25 x = = 351 A = (P x n) +I = (351 x 24) + 351 = 8424 + 351 = 8775 |