Question 1: (20 points) (A) An employee is working 6 days a week from Monday to Saturday, Assume the overtime for the employee is 1.5 times after 40 hours. The following table shows his working hours 7 points) Complete the table below (Show your work) FOTO (b) Find the gross carning of the employee (B) Mr. Ahmed is working as a Sales Manager in a Company and receives a salary of S 2,000 per week plus a commission of 5% on all sales exceeding $ 100,000. During a four-week period he sold products worth $ 150,000, what were Mr. Ahmed's gross puy in a month? (6 points) (Mr. Khaled assembles computer boards for an electronics company. He is paid on the following differential pay scale: If he made 250 boards in a week, how much is his gross pay? (7 points) (Round your answer to the carest hundredth) Question 2:12 points (A) Mr. Zaher is doing Holes in KSA and he took out a loan of S 250,000 from the Bank atasimple interest rate of 6% on May 12, which is due on August 16 Find the number of days of the loan from May 12 until August 16. Usine exact interest, find the interest amount (1-7) (Round so dollars) A dealer becrowed 35.000 a 150-days #mple interest note. He paid $10,000 the note on day 30 On day he paid an additional S 10.000. Assume 360 days year, what is his enting balance de (C) A Merchandiser bewed 100.000 The lion was for 18 months at a simple interest rate of 4% What is the interest and the maturity value Question 3: (20 points) (A) Mr. Zuhair deposits S 60,000 into a bank, which pays 4% interest that is compounded semiannually. What will he have in his account at the end of five years and compound interest amount? (7 points) (B) The owner of a small factory thinks that he will needs 75,000 for new equipment in 10 years. He decides that he will put aside the money now so that after 10 years the $ 75,000 will be available. His bank offers him 10% interest compounded semiannually. What is the present value of the $ 75,000? (6 points) (C) A person deposited S 75,000 at a bank at an interest rate of 12% compounded quarterly. Find the effective rate (APY). Write your answer in percentage rounded to the nearest hundredth. points) (7 Question 4: (20 points) (A) A company borrowed $ 150,000. The company plans to set up a sinking fund that will pay back the loan at the end of 10 years. Assuming a rate of 8% compounded semiannually, find the Sinking Fund of the ordinary annuity. (7 points) (B) An employee decided to invest $ 2,500 quarterly for eight years in an ordinary annuity at 20%. What is the total cash value of the annuity at end of year 8? (7 points) (C) What must YOU invest today to receive an annuity of $ 12,600 for 12 years compounded at 8% quarterly when all withdrawals will be made at the end of each period? (6 points) Question 5: (20 points) (A) Mr. Mansoor, a graduate bought a new car. The cash price is $ 60,000; he made a S 5,000 down payment on it. The bank's loan was for 24 months. Finance charges totaled 12,000. What was the monthly payment? points) (B) A Cement factory in KSA bought a new equipment. The cash price of the equipment is $ 45,000. putting down S 12.000 and financing the remainder with 32 monthly payments of S1,190 each. Find the APR by table lookup (8 points) (C) A university graduate bought a new car. The cash price is 57,000, he made a S 4,200 down payment on it. The bank's loan was for 24 months. Finance charges totaled S 9.800. What was the monthly payment? (Round it to S) points)