ll MTC - Wear Your... 3G 15:01 @ O 10% ABS1400 (Introduction to Math... Question 3...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
ll MTC - Wear Your... 3G 15:01 @ O 10% ABS1400 (Introduction to Math... Question 3 Page 14 of 15 a) Calculate: i) ii) the simple interest on N$ 1200 for 3 years at 6% per annum the length of time for N$ 400 to earn N$ 160 if invested at 8% per annum (3) (3) b) George invested N$ 19000 for 8 years at 9% p.a. interest, compounded monthly. What is the value of this investment? (5) c) Sarah saves N$ 400 the first month and every month later N$ 45 more. John saves Four dollars and thirty five cents the first month and every month later he doubles the amount. Who will have more after a year and a half? (9) TOTAL: [50 x 2 = 100] End of assignment 03 "THE END Page 15 of 15 ll MTC - Wear Your... 3G 15:01 @ O 10% ABS1400 (Introduction to Math... Question 3 Page 14 of 15 a) Calculate: i) ii) the simple interest on N$ 1200 for 3 years at 6% per annum the length of time for N$ 400 to earn N$ 160 if invested at 8% per annum (3) (3) b) George invested N$ 19000 for 8 years at 9% p.a. interest, compounded monthly. What is the value of this investment? (5) c) Sarah saves N$ 400 the first month and every month later N$ 45 more. John saves Four dollars and thirty five cents the first month and every month later he doubles the amount. Who will have more after a year and a half? (9) TOTAL: [50 x 2 = 100] End of assignment 03 "THE END Page 15 of 15
Expert Answer:
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
1. The simple interest on an investment is directly proportional to the amount of the investment. An investment of $3250 earns $113.75 after 1 year. Find a mathematical model that gives the interest...
-
Interest Compounded Annually. When P dollars is invested at interest rate i, compounded annually, for t years, the investment grows to A dollars, where A = P(1 + i)t. Trevor's parents deposit $8000...
-
Interest Compounded Annually. When P dollars is invested at interest rate i, compounded annually, for t years, the investment grows to A dollars, where A = P(1 + i)t. When Sara enters the 11th grade,...
-
What line of code can you add to disable all logging messages in your program?
-
A high-performance helicopter has a model. The goal is to control the pitch angle 0 of the helicopter by adjusting the rotor thrust angle 8. The equations of motion of the helicopter are where x is...
-
Dice.com is one of many career Web sites that cater to those pursuing technical careers. Go to the Web site, enter database administrator in the search box, and read eight of the search results. What...
-
A viscous fluid flows past a flat plate such that the boundary layer thickness at a distance \(1.3 \mathrm{~m}\) from the leading edge is \(12 \mathrm{~mm}\). Determine the boundary layer thickness...
-
The Woods Enterprises prepared the following standard costs for the production of one stuffed bear: Direct materials..... 1.5 pounds of stuffing @ $2 per lb Direct labor ....... 2 hours of assembly @...
-
Discuss the socio-economic implications of decentralized renewable energy solutions, including off-grid solar PV systems, mini-grids, and community-owned energy projects, in terms of energy access,...
-
On June 1, John Sullivan opened a real estate office in Hamilton called Sullivan Realty. The following transactions were completed for the month of June. Note that facsimile documents have been...
-
What were J. S. Mills views about competition and private property as causes of social disorder? What are your views?
-
Sicherman dice. Suppose that you have two six-sided dice, one with faces labeled \(1,3,4,5,6\), and 8 and the other with faces labeled 1,2,2,3,3, and 4. Compare the probabilities of occurrence of...
-
Almost all beer contains four basic ingredients a grain (typically barley), water, hops and yeast. While the process of brewing can be complex and some ingredients varied, the basic process is quite...
-
According to Industrial Info Resources, a leading provider of industrial intelligence data, the sustained high prices for oil and natural gas that existed at the time prompted an increasing interest...
-
An article published in The Irish Times by Olive Keogh cites the following comments by Patrick Gibbons, professor of strategic management at the UCD Michael Smurfit Graduate Business School: The one...
-
Does this problem address quality-of-care issues? Do some solutions focus on quality of care more than others? Do quality-of-care concerns vary based on which provider is involved? Is evidence...
-
Suppose you are a Market analyst studying the market of fruits in Nigeria. According to your analysis, you realized that most consumed fruits are pineapples and bananas. You want to study how these...
-
2. In the circuit given in Figure 2, i,(t) = 5.67cos(5t)A and v (t) = 70.71 cos(5t 60) V a) Find the equivalent load impedance. State whether the load is inductive or capacitive. b) Calculate the...
-
An engine has a seven-inch connecting rod fastened to a crank (see figure). (a) Use the Law of Cosines to write an equation giving the relationship between x and θ. (b) Write x as a...
-
Sketch the graph of the solution set of the system of inequalities. 1. 2. y < x + 1 ly > x 1 y < 6 2x x ly 2 x + 6
-
Find d1 and d2 in terms of m1 and m2, respectively (see figure). Then use the Pythagorean Theorem to find a relationship between m1 and m2. y (1, m,) di (0, 0) d(1, .)
-
Dawson Industries began operations early in January 2024. On 31 December 2024, records showed the following asset, liability, equity, income and expense amounts: Required (a) Prepare a statement of...
-
A new business graduate with one subject of accounting prepared the financial statements below for Amirs Delivery Service at the end of the first year of operations. Additional analysis revealed the...
-
Tiffany established The Marketing Store, an Instagram management business on 1 January 2024 as a sole trader business. She contributed $10 000 in cash to the business and did not withdraw funds for...
Study smarter with the SolutionInn App