1). How much must be invested on April 5 and June 16 to have $25,000 available on...
Question:
1). How much must be invested on April 5 and June 16 to have $25,000 available on August 21? and $30,000 on October 3, in an account that pays interest at 12.96% made up of days, assuming:
a) The two tanks are the same.
b) The second deposit is 50% larger than the first.
2). A loan is obtained by endorsing two documents at 30 and 60 days, for $15,200 and $24,100, respectively, with the interest of 8.4% nominal monthly. Shortly before doing the first agrees with the creditor to replace the two for one only 53 days after the loan was granted. mo. How much is this payment?
a) 539,175.06
b) 538,986.04
c)$40,002.25
d) $39,362.71
e) Other
3).At 13.5% effective interest, $16,350 is invested on January 10. How much will be taken in the account on June 19, if as of May 1 there were $27,365,037
a) $28,446.70
b) $28,093.61
c) $29,003.42
d) $28,649.32
e) Other
4).How much can Mr. Huerta have on October 25, if on March 15 he deposited $15,650 in an account that pays you a nominal 9.6% daily bonus? Suppose the first day year he had $18,325 and on June 21 he disposed of $20,200 from the same account.
a) $15,531.63
b) $16,070.42
c) $15,029.32
d) $15,968.31
e) Other
Cambridge IGCSE And O Level Additional Mathematics
ISBN: 9781510421646
1st Edition
Authors: Val Hanrahan, Jeanette Powell