Read more: Find the difference between simple and compound interest on $5000 invested for 4 years at 5% per...
Read more: (a) Find the compound interest on $1000 for 4 years at 5% per annum. (b) What will be the simple...
Read more: A man wishes to create an endowment fund to provide an annual prize of $500. If the fund is...
Read more: A machine costs the company $97,000 and its effective life is estimated to be 12 years. If the...
Read more: A limited company intends to create a depreciation fund to replace at the end of his 25th year...
Read more: A sinking fund is created for the redemption of debentures of $100,000/- at the end of 25 years....
Read more: A man retires at the age of 60 years and his employer gives him a pension of Rs. 1,200 a year paid...
Read more: A wagon is purchased on installment basis, such that Rs. 5000 is to be paid on the signing of the...
Read more: A man borrows Rs. 20,000 at 4% C.I. and agrees to pay both the principal and the interest in 10...
Read more: A machine is depreciated in such a way that the value of the machine at the end of any year is 90%...
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