a) Anis have three children, Atikah, Ahmad and Adam. Atikah is 25 years old while her...
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a) Anis have three children, Atikah, Ahmad and Adam. Atikah is 25 years old while her brother, Ahmad, younger 7 years than her. If Adam is younger than Ahmad, determine Adam's age. (2 Marks) b) Misha went for fishing with the aim of catching 88 fishes as usual. Unfortunately, he could just catch 12 fishes. Determine the percentage of her aim did she not achieve. (2 Marks) c) Rahman have RM5,400 cash in hand. He plans to use from the money to buy new phone, 9% to pay utility bills and the rest for his savings. Find the percentage and the amount of savings. (3 Marks) (Total: 7 Marks) QUESTION 2 On 25th August 2022, Hafiza received 100-day promissory note. She discounted the note on 25th September 2022 at 8% discount rate and received RM8,500 as proceeds. If the simple interest rate of the note was 10% on exact interest, calculate, a) the maturity date. b) the maturity value. c) the discounted amount. d) the interest received. (2 Marks) (3 Marks) (1 Mark) (4 Marks) (Total: 10 Marks) QUESTION 3 a) Find the future value and the interest earned if RM2,000 is invested for 3 years at 5% compounded monthly. (4 Marks) b) Aghalia invested RM3,000 into an account that paid 8% compounded semi-annually. She intends to keep the account untouched for six years. However, after 4 years, he decided to withdraw RM2000 from the account. Find the amount left in the account six years after the initial deposit. (5 Marks) a) Anis have three children, Atikah, Ahmad and Adam. Atikah is 25 years old while her brother, Ahmad, younger 7 years than her. If Adam is younger than Ahmad, determine Adam's age. (2 Marks) b) Misha went for fishing with the aim of catching 88 fishes as usual. Unfortunately, he could just catch 12 fishes. Determine the percentage of her aim did she not achieve. (2 Marks) c) Rahman have RM5,400 cash in hand. He plans to use from the money to buy new phone, 9% to pay utility bills and the rest for his savings. Find the percentage and the amount of savings. (3 Marks) (Total: 7 Marks) QUESTION 2 On 25th August 2022, Hafiza received 100-day promissory note. She discounted the note on 25th September 2022 at 8% discount rate and received RM8,500 as proceeds. If the simple interest rate of the note was 10% on exact interest, calculate, a) the maturity date. b) the maturity value. c) the discounted amount. d) the interest received. (2 Marks) (3 Marks) (1 Mark) (4 Marks) (Total: 10 Marks) QUESTION 3 a) Find the future value and the interest earned if RM2,000 is invested for 3 years at 5% compounded monthly. (4 Marks) b) Aghalia invested RM3,000 into an account that paid 8% compounded semi-annually. She intends to keep the account untouched for six years. However, after 4 years, he decided to withdraw RM2000 from the account. Find the amount left in the account six years after the initial deposit. (5 Marks)
Expert Answer:
Answer rating: 100% (QA)
a If Atikah is 25 years old and Ahmad is 7 years younger than her then Ahmads age would be 25 7 18 years old Since Adam is younger than Ahmad we do not have enough information to determine Adams age b ... View the full answer
Related Book For
Statistics For Engineering And The Sciences
ISBN: 9781498728850
6th Edition
Authors: William M. Mendenhall, Terry L. Sincich
Posted Date:
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