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INTENSIVE MATHEMATICS I - (MAT037) -. CLASS : MBA0021J (GROUP 6).

GROUP MEMBERS MBA0021J (GROUP 6). FIRST MEMBERS NAME : MOHAMAD AMIR ZIKRY BIN ZAHAR NO ID : 2021245128 SECOND MEMBERS NAME : SYED FAIZ AL-KHUARIZMI BIN SYED KAMARUDIN NO ID : 2021247362 THIRD MEMBERS NAME : NUR NADIANA NADIA BINTI MAJID NO ID : 2021224912.

CONTENTS. INRODUCTION - COMPOUND INTEREST - TRADE DISCOUNT FORMULA - COMPOUND INTEREST - TRADE DISCOUNT.

INTRODUCTION I.

COMPOUND INTEREST. COMPOUND INTEREST IS CALCULATED MORE THAN ONCE DURING THE TERM OF LOAN OR INVESTMENT AND THIS INTEREST IS ADDED TO THE PRINCIPAL. COMPOUND INTEREST DIFFERS FROM SIMPLE INTEREST, THE PRINCIPAL IS NOT CHANGED AND THE INTEREST CHARGED IS ON THE ORIGINAL PRINCIPAL ONLY..

TRADE DISCOUNT. TRADE DISCOUNT IS THE AMOUNT BY WHICH A MANUFACTURER REDUCES THE RETAIL PRICE OF A PRODUCT WHEN IT SELLS TO A RESELLER, RATHER THAN TO THE END CUSTOMER..

FORMULA I.

FORMULA. COMPOUND INTEREST S = P ( 1 + i ) I = S – P P = ___S____ ( 1 + i ).

QUESTION.

Case Study 1. QUESTION a) A certain amount of money is invested at 12% compounded every six mounth . This investment accumulates to RM23,000 at the end of fifth year..

ii) Calculate the amount of the initial investment P = ___S____ ( 1 + i ) P = ___23000____ ( 1 + k ) m P = ___23000____ ( 1 + 0.12 ) 2.

iii) Find the amount of interest earned. P = 23000__ (1+ 0.12 ) 2 P = 23000__ (1.06) P = 23000 1.79 P = RM12849.16 #.

QUESTION b) RM 17000 is invested in an investment fund that pays 2.5% compounded quarterly for 15 years. Find the accumulated amount at the end of the investment period..

Case Study 2. QUESTION a) Adly Hardware Sdn Bhd is the largest consumer hardware retail chain store in Malaysia. Happy Supermarket ordered 30 units of Nippon paint from Adly Hardware and received the trade discounts of 28% and 15%. The net price of each unit of paint is RM 74..

ii) Find the total list price of the paint. NP = L ( 1 – d1 ) ( 1- d2 ) 30 x 74 = L ( 1.072 ) ( 1.085 ) 2220 = L ( 0.612 ) L = 2220 0.162 L = RM3627.25 #.

QUESTION b) The net price of a refrigerator after trade discounts of 14% and Y% is RM 1464.06. If the trade discount is RM 327.94, find the value of Y..

END OF QUESTION. THAT’S ALL THANK YOU FOR WATCHING!!!.