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. A car originally worth £5000 is worth £2800 5 years later. What is the depreciation rate?
- Butter cost 86p for 250g in January 1995. At 5% p.a. inflation, determine
- a) what it will cost in Jan 2001; b) what it would have cost back in Jan 1991.
- You start a job earning £10,000 per year with a guaranteed 6% rise each year.
- a) How much will you be earning in 6 years time?
- b) How long will it take you to double your salary?
- You invest £1,000 in an account for 5 years at 9% pa nominal. How much will you get at the end of the 5 years if the interest is credited:
a) annually; | b) 6 monthly; | c) 3 monthly; | d) monthly?
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Approximate how much you would get if interest was credited daily. Which method would you prefer?
- What is the present value of £100,000 due in 6 years time, if the interest rate is constant at 10% pa?
- Use the following tables to work out the tax and national insurance you would pay on an annual salary of £50,000.
This is simple questions so no bids higher then 10$
Use Microsoft Excel
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