Q#1:(i)Mr. Babar invests Rs. 150000 in a scheme for 8 years annually. Find how much he gain at the end of 8 years.(3) 6.5% compounded semi- (ii)(a)Draw the graph of (2) 1 x > 0 f(x) x = 0 -1 x < 0 (b)Given the current interest rate of 6 percent compounded annually, find the present value of $10,000 to be paid in (a) 1 year, (b) 3 years, (c) 5 years, and (d) 10 years.(5)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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Q#1:(i)Mr. Babar invests Rs. 150000 in a scheme for 8 years @ 6.5% compounded semi-
annually. Find how much he gain at the end of 8 years.(3)
(ii)(a)Draw the graph of (2)
1
x > 0
f (x) = } 0
X =
1 x < 0
(b)Given the current interest rate of 6 percent compounded annually, find the present value of
$10,000 to be paid in (a) 1 year, (b) 3 years, (c) 5 years, and (d) 10 years.(5)
Transcribed Image Text:Q#1:(i)Mr. Babar invests Rs. 150000 in a scheme for 8 years @ 6.5% compounded semi- annually. Find how much he gain at the end of 8 years.(3) (ii)(a)Draw the graph of (2) 1 x > 0 f (x) = } 0 X = 1 x < 0 (b)Given the current interest rate of 6 percent compounded annually, find the present value of $10,000 to be paid in (a) 1 year, (b) 3 years, (c) 5 years, and (d) 10 years.(5)
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