MTH302 GDB No 1 Spring 2017
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MTH302 GDB No 1 Spring 2017 Solution and Discussion |
MTH302 GDB No 1
Opening Date of MTH302 GDB is Thursday, May 04, 2017 and Closing Date of MTH302 GDB is Thursday, May 11, 2017.MTH302 GDB Question No 1:
What will be the Gross salary and Gratuity of an employer in a company if his basic salary is 30000?MTH302 GDB Question No 2:
Suppose you invest Rs. 10000 in a business each December 31 (at the end of each year) for the next 10 years. If you are getting interest of 12%, compounded semiannually, how much will you have after 10 years?MTH302 GDB No 1 Solution Spring 2017
MTH302 GDB Question No 1 Solution2727.27 gratuity fund
30000+2727.27
32727.27 gross salary
MTH302 GDB Question No 2 Solution
10000*(1+0.12/2)^(2*10)
10000*(1+0.06)^(20)
10000*(1.06)^20
32071.35
gross salary is Total allowances+basic salary but you calculated as basic salary+Gratuity.. how is it possible.
ReplyDeleteyes you r right Muhammad Ahmad .q no 1 solution is wrong.
ReplyDeleteu r right q no 1 rong
ReplyDelete