Answer To Questions On Interest Computation
August 24th, 2008
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Append below the answers to earlier examination questions commonly asked in the LCCI Advanced Business Calculation:
|
1 |
$1,600.00 |
|
2 |
$ 400.00 |
|
3 |
7 ½ months |
|
4 |
$13,604.89 |
|
5 |
$12,210.20 |
|
6 |
(a) $6,288.95 (b) $6,386.16 |
|
7 |
(i) $618.00 (ii) $632.46 |
|
8 |
$6,406.22 |
|
9 |
$15,208,119.60 |
|
10 |
23.53% |
|
11 |
$6,953.55 |
|
12 |
$580.00 |
|
13 |
$27,381.00 |
|
14 |
(i) $5,633 (ii) $5,955 (iii) $6,261 |
|
15 |
$24,015 |
|
16 |
$10,767.22 |
|
17 |
$54,072.20 |
|
18 |
$112.14 |
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