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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
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: 3
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: 4
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
QUESTION NO: 5
Which of the following properties is exhibited by multiplication, but not by addition?
A. associativity
B. commutativity
C. distributivity
D. invertibility
Answer: C
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Updated: May 26, 2022