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: 67599 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 5% A = P[ ]n = 71157[ ]1 = 71157[1-0.05]1 = 71157 x 0.951 = 67599 |
2) A motorcycle was bought at Answer: 69128 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 2% A = P[ ]n = 70539[ ]1 = 70539[1-0.02]1 = 70539 x 0.981 = 69128 |
3) A motorcycle was bought at Answer: 66522 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 7% A = P[ ]n = 71529[ ]1 = 71529[1-0.07]1 = 71529 x 0.931 = 66522 |
4) A motorcycle was bought at Answer: 64906 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 6% A = P[ ]n = 69049[ ]1 = 69049[1-0.06]1 = 69049 x 0.941 = 64906 |
5) A motorcycle was bought at Answer: 69876 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 4% A = P[ ]n = 72787[ ]1 = 72787[1-0.04]1 = 72787 x 0.961 = 69876 |
6) A motorcycle was bought at Answer: 73617 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 5% A = P[ ]n = 77492[ ]1 = 77492[1-0.05]1 = 77492 x 0.951 = 73617 |
7) A motorcycle was bought at Answer: 56392 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 7% A = P[ ]n = 60637[ ]1 = 60637[1-0.07]1 = 60637 x 0.931 = 56392 |
8) A motorcycle was bought at Answer: 58382 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 6% A = P[ ]n = 62108[ ]1 = 62108[1-0.06]1 = 62108 x 0.941 = 58382 |
9) A motorcycle was bought at Answer: 58222 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 3% A = P[ ]n = 60023[ ]1 = 60023[1-0.03]1 = 60023 x 0.971 = 58222 |
10) A motorcycle was bought at Answer: 50124 SOLUTION 1 : Given : The value of motorcycle depreciates P = n = 1 year r = 3% A = P[ ]n = 51674[ ]1 = 51674[1-0.03]1 = 51674 x 0.971 = 50124 |