Question
A customer deposits ₹5 lakh in a fixed deposit for 3
years. The bank offers an interest of 6% per annum, compounded quarterly. Which formula is used to compute the maturity amount?Solution
Quarterly compounding follows the compound interest formula: A = P(1 + r/n)ⁿᵗ, where n is the number of compounding periods in a year.
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...Assume a small open country under fixed exchanges rate and full capital mobility. Prices are fixed in the short run and equilibrium is given initially a...
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolisti...
A spot purchase of a currency coupled with simultaneous forward sale of the same currency is called:
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
For the following demand curve, Q=10P-1 , calculate the profit made by the monopolist when Total cost is Rs.2Q and he sells discrete goods i....
Suppose that one million unemployed persons in a country are receiving Rs. 6000 per month per person as an unemployment allowance. If the government, in...
The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 lite...
If a government defaults on the value of its debt by 3/4, this is the same as imposing a ____ tax on interest and repayment of the principal.
For which of the following consumption functions, the value of income multiplier, k=4?
