Question 1: _As a business studies student, briefly analyze the uses and application of different Business Mathematics concepts in operational activities of the business. (6 marks) Introduction to Business Mathematics concepts and its uses Analyze the use of business mathematics concepts in operational activities of business Analyze the application of business mathematics concepts in operational activities of business Conclusion Reference Bibliography . Question 2: An equipment purchased for RO 80,000 with an estimated useful life of 8 years. The expected salvage value at the end of its useful life is RO 8.000 Calculate the Write Down Value Rates and prepare a Depreciation Schedule for 8 years. (3 Marks) Question 3: Ali has approached the insurance company, for an insurance policy with the face value of RO 400,000 for 20 years. He is aged 30 years now You are required to calculate the annual premium, (Refer the table to calculate premium) considering, (a) A 20-year fixed rate policy and (b) A straight life policy (3 Marks) Question 4: Mohammed approached the bank for a home loan of RO 300,000. The bank has approved the loan application for a 25 years fixed-rate loan at 6% annual interest. If the client makes a 20% down payment, calculate how much Mohammed required to pay monthly? (3 Marks) Resources: ProQuest link - uploaded in the e-learning Question 1: _As a business studies student, briefly analyze the uses and application of different Business Mathematics concepts in operational activities of the business. (6 marks) Introduction to Business Mathematics concepts and its uses Analyze the use of business mathematics concepts in operational activities of business Analyze the application of business mathematics concepts in operational activities of business Conclusion Reference Bibliography . Question 2: An equipment purchased for RO 80,000 with an estimated useful life of 8 years. The expected salvage value at the end of its useful life is RO 8.000 Calculate the Write Down Value Rates and prepare a Depreciation Schedule for 8 years. (3 Marks) Question 3: Ali has approached the insurance company, for an insurance policy with the face value of RO 400,000 for 20 years. He is aged 30 years now You are required to calculate the annual premium, (Refer the table to calculate premium) considering, (a) A 20-year fixed rate policy and (b) A straight life policy (3 Marks) Question 4: Mohammed approached the bank for a home loan of RO 300,000. The bank has approved the loan application for a 25 years fixed-rate loan at 6% annual interest. If the client makes a 20% down payment, calculate how much Mohammed required to pay monthly? (3 Marks) Resources: ProQuest link - uploaded in the e-learning