Question
iii) 36**1 = 216*-2 (use base 6) [2] # 11b) Use logarithms to solve to 1 decimal place 250(1.03) 400 [2] (7 Marks) #
iii) 36**1 = 216*-2 (use base 6) [2] # 11b) Use logarithms to solve to 1 decimal place 250(1.03) 400 [2] (7 Marks) # 12. Samantha will need $24'500 in 3 years time for her vacation. How much does she need to invest today at 4.8% per year compounded quarterly, to achieve this? (3 Marks) #13. Paco wants to set up an investment that will pay him $1'200 each month for the next 5 years. If the interest rate per year is 6% compounded monthly, determine the necessary investment. TOTAL 92 MARKS (3 Marks)
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