QUESTION 2 Boitumelo invests an amount of 128000 for a period of 7 ycart. For the first two years the interest was \( 12 \% \mathrm{r}, \mathrm{a} \) compounded semi-anmulally. The interest was then changed to \( 10 \% \) p-a compounded quarterly. Determine the value of the investment after the 7 -year period. Convert an interest rate of \( 10 \% \) pa. compounded quarterly to an annual effective interest rate A lawnmower was unded in for 2236 ufter 10 years. The depreciation was calculated at \( 9,2 \% \) p.i. on a straight-line basis. Determine the cost of the lawnmower 10 years ago.

Discounted Cash flows 118) A person withdraws Rs. 300,000 per annum from \( 4^{\text {th }} \) year to \( 10^{\text {th }} \) year at \( 7 \% \) compounded annually, how much should he invest now? \begin{tabular}{|l|l|l|l|}\hline a) Rs. \( \mathbf{1 , 3 1 9 , 7 8 0} \) & b) Rs \( 1,233,439 \) & c) Rs \( 1,090,911 \) & d) None of these \\ \hline\end{tabular}

F. A mannfacturer marked his prodncts at \( 20 \% \) ahove the cost price and then allowed a discount of \( 5 \% \) for these customers who pay in cash. Find his profit \( \$ \).

5) A person invested some amount today @ \( 1.8 \% \) per quarter for 10 years find his investment he receives Rs. 10 million. \begin{tabular}{|l|l|l|l|}\hline a) 8.356 million & b) 4.13 million & c) 4.899 million & d) None of these \\ \hline\end{tabular}

CHAPTER INNINGS A manuracturer marked his products at \( 20 \% \) above the cont price and then allowed a discount or \( 5 \% \) for those customers who pay in eash. Find his pronit

If the fees earned by school in 10th year is 5 Million and fee is increased each year by \( 10 \% \) and number of students increase by \( 5 \% \). What was the fee earned by school in 1st year? \begin{tabular}{ll|l|l|l|}\hline a) Rs.3.07Million & b) 1.93 Million & c) 1.37 Million & d) 0.81 million \\ \hline\end{tabular}