Mr Rs Solutions to questions in Chapter 5

2/1/2014

Compound Interest
financial_maths_section_5.1_solutions.pdf
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Depreciation
financial_maths_section_5.2_solutions.pdf
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Annuities and Pensions
financial_maths_section_5.3_solutions.pdf
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Loans and Mortgages
financial_maths_section_5.4_solutions.pdf
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Core Revision Exercise
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7 Comments

2/1/2014 01:04:04 pm

thanks Sir!

2/1/2014 01:19:01 pm

Sir how does 5% become 0.005 instead of 0.05?

Mr R

2/1/2014 01:54:12 pm

That sounds like a typo. Which question are you referring to?

2/3/2014 09:38:51 am

It happens in lots of questions it's like changing to a decimal or something?

2/3/2014 10:59:37 am

In example 2 of 5.3 it changes to 1.004... Why is that?

Mr R

2/3/2014 11:35:41 am

When you change 0.4% to decimal form
0.4% = 0.4/100 = 0.004

2/3/2014 03:33:49 pm

Thanks sir. So would it only be 0.04 if you wanted to get the interest rate?

Mr Rs Solutions to questions in Chapter 5

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