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8002 PDF DEMO:
QUESTION NO: 1
You invest $2m in a bank savings account with a constant interest rate of 5% p.a. What is the value of the investment in 2 years time if interest is compounded quarterly?
A. $2,208,972
B. $2,210,342
C. $2.205,000
D. None of them
Answer: A
QUESTION NO: 2
When a number is written with a fraction as an exponent, such as , which of the following is the correct computation?
A. Take the square-root of 75 and raise it to the 5th power
B. Divide 75 by 2, then raise it to the 5th power
C. Multiply 75 by 2.5
D. Square 75, then take the fifth root of it
Answer: A
QUESTION NO: 3
Solve the simultaneous linear equations: x + 2y - 2 = 0 and y - 3x = 8
A. x = 1, y = 0.5
B. x = -2, y = 2
C. x = 2, y = 0
D. None of the above
Answer: B
QUESTION NO: 4
Find the roots, if they exist in the real numbers, of the quadratic equation
A. 4 and -2
B. -4 and 2
C. 1 and 0
D. No real roots
Answer: D
QUESTION NO: 5
The sum of the infinite series 1+1/2+1/3+1/4+1/5+.... equals:
A. 12
B. Infinity
C. 128
D. 20
Answer: B
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Updated: May 26, 2022