INTENSIVE MATHEMATICS I (MAT037)

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INTENSIVE MATHEMATICS I (MAT037). CLASS: MBA0031K GROUP 6.

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GROUP MEMBERS MBA 0031K (GROUP 6). FIRST MEMBERS NAME : DANIEL HANI BIN MOHD ASPAR NO ID : 2021421684 SECOND MEMBERS NAME : IZZAH FARISYAH BINTI ISKANDAR NO ID : 2021899834 THIRD MEMBERS NAME : NURIN MARINI BINTI MASLI NO ID : 2021885876.

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Contents. Introduction. Compound Interest Trade Discount.

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01. Introduction.

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Compound Interest. Compound Interest is calculated more than once during the term of loan or investment and this interest is added to the principal.

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Trade Discount. T rade 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.

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02. Formula.

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Formula. Compound Interest. S = P ( 1 + ? ) I = S - P P =.

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03. Question.

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Case Study 1. Question. A certain amount of money is invested at 12% compounded every six months. This investment accumulates to RM 23,000 at the end of fifth year..

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Calculate the amount of the initial investment.. (m x t).

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Find the amount of interest earned..

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Question. 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..

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Case Study 2. Question. 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..

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Find the total list price of the paint.. Find the total amount of trade discounts received by Happy Supermarket..

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Question. 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..

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NP = L ( 1 – d1 ) ( 1 – d2 ) 1464.06 = 1792 ( 1 – 0.14 ) ( 1 – Y ) 1464.06 = 1 – Y 1464.06 0.95 = 1 – Y Y = 1 – 0.95.

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END OF QUESTION. That’s All Thank You For Watching.