An employee’s salary is 300,000 p.a the salary increases by 10% annually. Calculate the total amount the employee will have earned in 15 years

Consider a project having the following six activities: Immediate Activity Predecessors Time (weeks) A none 7 B none 3 C A 5 D A, B 6 E C, D 4 F D 3…
November 16, 2020
list and describe four ethical choices should be considered when developing new technologies
November 16, 2020

An employee’s salary is 300,000 p.a the salary increases by 10% annually. Calculate the total amount the employee will have earned in 15 years

(a) A business person buys a car at a cost of Ksh.960,000 using installment plan. The plan consists of 30 monthly payments of Ksh.40,000 plus 5% interest on the unpaid balance for that month. If payments commences at the end of the first month, calculate

(i) The amount of the first and second installments.(4 marks)

(ii) The amount paid on the 30th month. (3 marks)

(iii) The total amount paid for the car. (3 marks)

(b) Find the simple interest that would accrue when a welfare group lends to a member

Ksh.15,000 at a rate of 12% p.a. in 2 years. (3 marks)

(c) An employee’s salary is 300,000 p.a the salary increases by 10% annually. Calculate the total amount the employee will have earned in 15 years. (4 marks)

(d) Calculate the amount of money one needs to deposit in the account today at 9% annual interest compounded monthly to have 12,000 in the account after 6 years. (3 marks)


 

. WITH BEST NURSING TUTORS TODAY AND GET AN AMAZING DISCOUNT

get-your-custom-paper

The post An employee’s salary is 300,000 p.a the salary increases by 10% annually. Calculate the total amount the employee will have earned in 15 years appeared first on BEST NURSING TUTORS .

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.


The post An employee’s salary is 300,000 p.a the salary increases by 10% annually. Calculate the total amount the employee will have earned in 15 years appeared first on The Nursing Hub.

 

"Is this question part of your assignment? We Can Help!"

Essay Writing Service