TOPIC \( 3- \) FINANCIAL MATHS Question 1 ( 1 mark) Lexi is paid an annual salary of \( \$ 164,800 \). What does this work out to per fortnight?

\( 1<\begin{array}{l}\text { Suppose someone wants to accumulate } \$ 50,000 \text { for a college fund over the next } 15 \text { years. Determine whether the } \\ \text { following investment plans will allow the person to reach the goal. Assume the compounding and payment periods } \\ \text { are the same. } \\ \text { The person deposits } \$ 80 \text { per month into an account with an APR of } 7 \% \text {. } \\ \text { Will the person meet the goal? Select the correct choice below and fill in the answer box to complete your choice. } \\ \text { (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places } \\ \text { as needed.) } \\ \text { A. No, because the amount that will be in the college fund, } \$ \square \text {, is less than the goal of } \$ 50,000 \text {. } \\ \text { B. Yes, because the amount that will be in the college fund, } \$ \square \text {, is more than the goal of } \$ 50,000 \text {. }\end{array} \).

2) Hace 4 años se pidio un préstamo de \( \$ 700000 \) y la cantidad iagada al terminar el periodo del préstamo han sido \( \$ 950.000 \) ¿Qué tasa de intere, se le aplico? 3) Después de 3 años, un banco ha paqado en concepto de inter s la cantidad des

3. Mika opened a bank account that earns simple interest with an initial deposit of \( \$ 2,200 \). She made no other transactions throughout the year. At the end of the year, Mika had \( \$ 2,260.50 \) in her account. What was the simple interest rate?

anual ¿Cual fue sl capital inicial con el que se hizo el deposit? Tengo un pagare por \( \$ 200000 \) que vence en 40 dias, cuanto dinero obtendria hoy si lo cambio, sab ido que la tasa es del \( 40 \% \) anual

Qual das seguintes afirmaçōes geralmente não pode ser correta para um investidor que tem responsabilidade ilimitada sobre um investimento: \( \begin{array}{l}\text { a. O investidor não tem sócio } \\ \text { b. O investidor é responsável pelo } \\ \text { gerenciamento da empresa. } \\ \text { d. O investidor está sujeito a dupla taxaçāo } \\ \text { d. } 0 \text { investidor possui acçōes na empresa }\end{array} \)