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11th Standard English Medium Business Maths Subject Financial Mathematics Creative 3 Mark Questions with Solution Part - II

11th Standard

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Business Maths

Time : 00:30:00 Hrs
Total Marks : 15
    5 x 3 = 15
  1. A sum of Rs.1000 is deposited at the beginning of each quarter in a S.B. account that pays C.I 8% compounded quarterly. Find the account at the end of 3 years.

  2. Find the future value of an ordinary annuity of Rs.1000 a year for 5 years for 5 years at 7% p.a compounded annually.

  3. What is the present value of an annuity that pays 250 per month at the end of each month for 5 years assuming money to be worth 6% compounded monthly?

  4. Find the number of shares which will give an annual income of Rs.360 from 6% stock of face value Rs.100

  5. Find the rate of dividend which gives an annual income of Rs.1200 for 150 shares of face value Rs.100

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