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Find the present worth of an ordinary annuity of Rs. 1,200 per annum for 10 years at 12% per annum, compounded annually. [Use (1.12) -10 =0.3221]
cbse
class12
modelpaper
2005
sec-c
q24
math
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Jan 24, 2013
by
fingeazy
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0
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0
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Find the amount of an ordinary annuity if payment of Rs.600.00 is made at the end of every quarter for 10 years at the rate of 4% per year compounded quarterly?
asked
Apr 18, 2013
by
sreemathi.v
isc
class12
modelpaper
2005
sec-c
q13
q13-b
0
votes
0
answers
How much should a company set aside at the end of each year if it has to buy a machine expected to cost Rs.100,000 at the end of 4 years and the rate of interest is 5% per annum compounded annually?
asked
Apr 18, 2013
by
sreemathi.v
isc
class12
modelpaper
2005
sec-c
q14
q14-a
0
votes
0
answers
At the beginning of each quarter,a sum of Rs. 1,500 is deposited into a savings account that pays 12% per annum compounded quarterly.Find the amount in the account at the end of four years.
asked
Apr 12, 2013
by
sreemathi.v
isc
class12
modelpaper
2010
sec-c
q13
q13-b
0
votes
0
answers
A bill was drawn on April 4, 2004 at 8 months after date and was discounted on July 14, 2004 at 5% per annum. If the Banker's gain is Rs.200, find the face value of the bill.
asked
Jan 24, 2013
by
fingeazy
cbse
class12
modelpaper
2005
sec-c
q26
math
0
votes
0
answers
A machine costs Rs 97,000 and its effective life is estimated to be 12 years.If scrap realises Rs. 2,000 only,what amount should be retained out of profits at the end of each year to accumulate at compound interest of 5% per annum in order to buy a new machine after 12 years?(use $1.05^{12}=1.769$)
asked
Apr 10, 2013
by
sreemathi.v
isc
class12
modelpaper
2012
sec-c
q13
q13-b
0
votes
0
answers
A propeller costs Rs. 1,80,000 and its effective life is estimated to be 10 years.A sinking fund is created for replacing the propeller by a new model at the end of its life time,when its scrap realizes a sum of Rs. 34,000 only.The price of the new model is estimated to be 30% more than the price of the present one.What amount should be put into the sinking fund at the end of each year,if it accumulates at 4% per annum compound interest?(Take $(1.04)^{10}=1.480$).
asked
Apr 15, 2013
by
sreemathi.v
isc
class12
modelpaper
2009
sec-c
q15
15-b
0
votes
0
answers
Two tailors A and B earn Rs.150 and Rs.200 per day respectively. A can stitch 6 shirts and 4 plants per day while B can stitch 10 shirts and 4 pants per day. Form a linear programming problem to minimize the labour cost to produce at lest 60 shirts and 32 pants.
asked
Jan 24, 2013
by
fingeazy
cbse
class12
modelpaper
2005
sec-c
q20
math
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