(principal as well as all accrued interest) after 16 years from the present. Payments into this account are made by depositing dollar 4, 500 to this account every 6 months. The first payment to this account will be made now. If the interest rate for this educational saving account is 1.75 percentage compounded monthly, calculate the amount which will be cashed from this account by the beneficiary after 16 years. Please create a cash flow diagram of the savings amounts showing clearly your calculation steps. Please also note that the given interest rate is nominal annual NOT every six months.
The third term of an A.P is 10. The fifth term of the same A.P is -10. Determine the first term and the common difference of the A.P (3 marks) i) From a group of 5 boys and 6 girls, 5 are to be selected to represent the group in a certain committee. In how many ways can this be done if there must be exactly 2 boys in the committee?
April 18, 2016
12:03 pm
Read More »
