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April 25, 2024, 06:24:35 am

Author Topic: Will we likely get a question like this for trials?  (Read 1366 times)  Share 

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samthemanfromacan

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Will we likely get a question like this for trials?
« on: June 12, 2017, 02:39:11 pm »
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On the day tom turns 53 years old, he deposists $2000 into an account which receives 4% per year. The next year he deposists another 2 grand into the account. Tom will continue this untill he turns 70. When he makes his final depostit, what is the balance in the account the day after making the last deposit

RuiAce

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Re: Will we likely get a question like this for trials?
« Reply #1 on: June 12, 2017, 02:41:58 pm »
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Doesn't seem anything out of the ordinary to me.

jakesilove

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Re: Will we likely get a question like this for trials?
« Reply #2 on: June 12, 2017, 03:11:59 pm »
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On the day tom turns 53 years old, he deposists $2000 into an account which receives 4% per year. The next year he deposists another 2 grand into the account. Tom will continue this untill he turns 70. When he makes his final depostit, what is the balance in the account the day after making the last deposit

Where you hoping to get a solution to this question? Or just wondering whether it could be asked?
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Wales

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Re: Will we likely get a question like this for trials?
« Reply #3 on: June 12, 2017, 03:26:12 pm »
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On the day tom turns 53 years old, he deposists $2000 into an account which receives 4% per year. The next year he deposists another 2 grand into the account. Tom will continue this untill he turns 70. When he makes his final depostit, what is the balance in the account the day after making the last deposit

Just prepare for that kind of question. Almost guaranteed to be in a paper.
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herb123

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Re: Will we likely get a question like this for trials?
« Reply #4 on: June 16, 2017, 11:34:30 am »
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Most likely if you've covered that already in class. The school usually omits questions from topics uncovered. Like mine for example (NSB) we havent covered financial yet hence it wont be in our trial

Yagami Light

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Re: Will we likely get a question like this for trials?
« Reply #5 on: June 16, 2017, 05:07:47 pm »
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It will probably be in the test as it is financial mathematics
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