Question
If a person provide payments of Rs.15000 at the end of each 3rd month for 7 years and interest is 13.5% compounded quarterly, then calculate
If a person provide payments of Rs.15000 at the end of each 3rd month for 7 years and interest is 13.5% compounded quarterly, then calculate how much money is deposited.
Question 2Marks=10
Suppose two mobile phone companies sale their internet packages as 256KB connection for Rs.1500 per month, 512KB connection for Rs. 1900 per month, 1MB connection for Rs. 2800 per month and 4MB connection for Rs. 3800 per month.
The table below summarizes the number of connections both companies have sold per month:
256 KB
512KB
1MB
4MB
Company A
175
60
22
8
Company B
250
180
65
23
What is total annual revenue of Company A?
What is total quarterly revenue of Company B?
(Use Matrices to illustrate the above information)
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