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Question 94

A man wishes to keep his money in a savings deposit at 25% compound interest so that after three years he can buy a car for N150,000. How much does he need to deposit?

  • A.N112, 000.50
  • B.N96, 000.00
  • C.N85, 714.28
  • D.N76, 800.00
Objective

Question details

Exam body
FUNAAB
Subject
Mathematics
Year
2017/2018
Question no.
#94
Type
Objective
Previous · Q93If (2√3 -√2)/(√3 + 2√2) = m + n√6. Find the values of m and n respectively Next · Q95 If 314 10 - 256 7 = 340 x , find x.

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