Evaristo would like to invest N$ 12 500 a month at the beginning of each month at an interest rate of 12% compounded quarterly. a how much will he have after 6 years b how much interest does he earn on a quarterly basis 2. a. Complete the table below for an investment of N$ 25 000.00 in the bank for 5 years earning 8.5% compound interest p.a. for the specified frequency of compounding 1 mark for the formula, 2 marks for the final amount, 1 mark for the interest earned. Frequency formula amount at the end of the 5year interest earned Daily half-yearly quarterly weekly continously 3. supposed that you wish to maximize the sum X1 + X2 subject to the constraints X1 > 0; X1 + X2 ,<3; 2X1 +2X < 4 and -2X1 + X2 < 1 a. Draw and shade the feasible region and show coordinates of corner points. b. Find numbers X1 and X2 maximize the sum
Evaristo would like to invest N$ 12 500 a month at the beginning of each month at an interest rate of 12% compounded quarterly.
a how much will he have after 6 years
b how much interest does he earn on a quarterly basis
2.
a. Complete the table below for an investment of N$ 25 000.00 in the bank for 5 years earning 8.5%
1 mark for the formula, 2 marks for the final amount, 1 mark for the interest earned.
Frequency | formula | amount at the end of the 5year | interest earned |
Daily | |||
half-yearly | |||
quarterly | |||
weekly | |||
continously |
3.
supposed that you wish to maximize the sum X1 + X2 subject to the constraints X1 > 0; X1 + X2 ,<3; 2X1 +2X < 4 and -2X1 + X2 < 1
a. Draw and shade the feasible region and show coordinates of corner points.
b. Find numbers X1 and X2 maximize the sum.
Step by step
Solved in 2 steps