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) A motorcycle was bought at
Answer:_______________ |
| 2) A motorcycle was bought at
Answer:_______________ |
| 3) A motorcycle was bought at
Answer:_______________ |
| 4) A motorcycle was bought at
Answer:_______________ |
| 5) A motorcycle was bought at
Answer:_______________ |
| 6) A motorcycle was bought at
Answer:_______________ |
| 7) A motorcycle was bought at
Answer:_______________ |
| 8) A motorcycle was bought at
Answer:_______________ |
| 9) A motorcycle was bought at
Answer:_______________ |
| 10) A motorcycle was bought at
Answer:_______________ |
| 1) A motorcycle was bought at Answer: 69757 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 5% A = P[ ]n = 73428[ ]1 = 73428[1-0.05]1 = 73428 x 0.951 = 69757 |
| 2) A motorcycle was bought at Answer: 65647 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 8% A = P[ ]n = 71355[ ]1 = 71355[1-0.08]1 = 71355 x 0.921 = 65647 |
| 3) A motorcycle was bought at Answer: 74630 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 5% A = P[ ]n = 78558[ ]1 = 78558[1-0.05]1 = 78558 x 0.951 = 74630 |
| 4) A motorcycle was bought at Answer: 60524 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 2% A = P[ ]n = 61759[ ]1 = 61759[1-0.02]1 = 61759 x 0.981 = 60524 |
| 5) A motorcycle was bought at Answer: 64863 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 6% A = P[ ]n = 69003[ ]1 = 69003[1-0.06]1 = 69003 x 0.941 = 64863 |
| 6) A motorcycle was bought at Answer: 50409 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 2% A = P[ ]n = 51438[ ]1 = 51438[1-0.02]1 = 51438 x 0.981 = 50409 |
| 7) A motorcycle was bought at Answer: 65246 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 7% A = P[ ]n = 70157[ ]1 = 70157[1-0.07]1 = 70157 x 0.931 = 65246 |
| 8) A motorcycle was bought at Answer: 55223 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 5% A = P[ ]n = 58129[ ]1 = 58129[1-0.05]1 = 58129 x 0.951 = 55223 |
| 9) A motorcycle was bought at Answer: 56179 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 5% A = P[ ]n = 59136[ ]1 = 59136[1-0.05]1 = 59136 x 0.951 = 56179 |
| 10) A motorcycle was bought at Answer: 51274 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 4% A = P[ ]n = 53410[ ]1 = 53410[1-0.04]1 = 53410 x 0.961 = 51274 |