Answer To Questions On Interest Computation

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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