MTH302 - Business Mathematics & Statistics

MTH302 gdb solution

ATA  1: Cash  / principal = Rs 10,000 2:Interest Rate = r = 5% 3: years = n  Solution :  by putting the values in formula we get  FV = C* ( 1+r) ^ n    = 10,000  * ( 1+0.05) ^30       10,000* ( 1.5)^ 30      10,000 *191751.0 ... Read More

Business Mathematics & Statistics

If you want to get a loan but can only afford to pay Rs.10, 000 per month. How much can you borrow if the interest rate is 5% annually for 30 years? ... Read More

If you want to get a loan but can only afford to pay Rs.10, 000 per month. How much can you borrow if the interest rate is 5% annually for 30 years?

If you want to get a loan but can only afford to pay Rs.10, 000 per month. How much can you borrow if the interest rate is 5% annually for 30 years? ... Read More