Question 3
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?
Objective
Question details
- Exam body
- UNILAG
- Subject
- Mathematics
- Year
- 2021/2022
- Question no.
- #3
- Type
- Objective
More from this paper
- Q1How many terms of the sequence 10, 12, 14,… will add up to 190?
- Q5Calculate 3310 5 - 1442 2
- Q6An arc subtends an angle of 50° at the centre of a circle of radius 6cm…
- Q7Simplify 2log 3 6 + log 3 12 - log 3 16
- Q8Find the coefficient of xy in the expansion of (x-4y)(3x+2y)
- Q9The 3rd term of an arithmetic progression is -9 and the 7th term is -29. Find…