SECTION A (20 Marks) There are NINE (9) questions in this section. Answer all questions. 1. Wan Zulaikha Arts Clinic purchased equipment list priced at RM5,482.95 less series discounts of 3/8/10, with terms of 4/1020 extra. If the clinic paid the invoice within 30 days, find the amount paid. (3 Marks) 2. A retailer knows that 15% of the dragon fruit purchased will spoil and must be thrown out. If the retailer buys 100 baskets of dragon fruit for RM6.99 per basket and want a markup of 55\% on selling price, find the selling price per basket of dragon fruit. (3 Marks) 3. Rasheeda's Appliances, a retailer, pays RM496 for an air fryer. The original selling price was RM681, but it was marked down 30%. If operating expenses are 20% of cost, find the operating loss. (2 Marks) 4. Mustaffa signed a simple discount note for RM8,450 for 120 days at a rate of 7.5%. Find the effective interest rate based on the proceeds received by Mustaffa. (2 Marks) 5. Johari deposited RM18,202 in a savings account on January 1 and then deposited an additional RM3,113 in the account on February 10. Find the balance on April 1 assuming an interest rate of 321% compounded daily. (2 Marks) 6. A business worth RM125,000 is expected to grow at 3% per year compounded annually for the next 2 years. If funds from the sale of the business today would be placed in an account yielding 4% compounded semiannually, what would be the minimum acceptable price for the business at this time? (2 Marks) 7. Ahmad Contracting Company signed a note with a payment of RM19,575 per quarter for 3 years. Find the amount they must set aside today to satisfy this capital requirement in an account earning 10% compounded quarterly. (2 Marks) 8. Chempaka owes her father RM55,000 for the purchase of a property. Find the required monthly payment into a sinking fund if Chempaka pays off the loan in 3 years and the interest rate is 12% per year compounded monthly. (2 Marks) 9. Maria needs RM9,899 to pay for remodeling work. Her bank loans money at a discount rate of 7% for 200 days. Find the face value of a loan so he will have RM9,899. (2 Marks)