7. The value of a laptop was $600 on 1st March 2013. Every four months, the value of the television decreased by 8% of its value at the start of that four months. What was the val the television on 1st March 2014?

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FINAL EXAM-CO..
EMILIO AGUINALDO COLLEGE
BUSINESS MATHEMATICS
FINAL EXAMINATION
1. Yuji leaves Php200,000 in a bank for two years. It earns compound interest of 2% per year
Calculate the total amount Yuji has in the bank at the end of the two years.
2. A lot was brought for $18,000. Its value depreciated by 20% each year for the first 2 years.
was its value at the end of the two years?
3. $5,000 is invested at 2.8% compound interest per annum. How many years will it take for
Cast
investment to exceed $7,000.
4. Gojo bought a motorcycle for $2200. In each year the value of the piano increases by 12%
value at the start of that year.
5. A sum of $50,000 is borrowed and the rate of interest is 10% per annum. What is the com
interest for 5 years?
1- PRT |10
6. Find compound interest on Rs. 8,000 at 15% per annum for 2 years 4 months, compounde
annually
E BADA
7. The value of a laptop was $600 on 1st March 2013. Every four months, the value of the
television decreased by 8% of its value at the start of that four months. What was the valu
the television on 1st March 2014?
Transcribed Image Text:No service *| O: (48 || 18:45 FINAL EXAM-CO.. EMILIO AGUINALDO COLLEGE BUSINESS MATHEMATICS FINAL EXAMINATION 1. Yuji leaves Php200,000 in a bank for two years. It earns compound interest of 2% per year Calculate the total amount Yuji has in the bank at the end of the two years. 2. A lot was brought for $18,000. Its value depreciated by 20% each year for the first 2 years. was its value at the end of the two years? 3. $5,000 is invested at 2.8% compound interest per annum. How many years will it take for Cast investment to exceed $7,000. 4. Gojo bought a motorcycle for $2200. In each year the value of the piano increases by 12% value at the start of that year. 5. A sum of $50,000 is borrowed and the rate of interest is 10% per annum. What is the com interest for 5 years? 1- PRT |10 6. Find compound interest on Rs. 8,000 at 15% per annum for 2 years 4 months, compounde annually E BADA 7. The value of a laptop was $600 on 1st March 2013. Every four months, the value of the television decreased by 8% of its value at the start of that four months. What was the valu the television on 1st March 2014?
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