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NTUN - Sem 2 - Final M6 - Money and Function 2024 - Guide
NTUN - Sem 2 - Final M6 - Money and Function 2024 - Guide
NTUN - Sem 2 - Final M6 - Money and Function 2024 - Guide
5/_____
5. William borrowed money from a bank $90,000 with interest 7% per annum (ต่อปี). William
made a contract to return the money within t months. At the end of the contract,
he returned money $94,200. Find t .
6. David invested $22,500 at return rate of 12% compounded quarterly (ต่อ 3 เดือน หรือ 4 ครั้ง
ต่อปี). How much money of his investment after 2 years? (Approximately)
7. Paul deposited money $30,000 with intertest 3% compounded every four months (ต่อ 4
เดือน หรือ 3 ครั้งต่อปี). If he deposited money for 8 months, then how much money he gained
more at the end of 8 months?
1
Name__________________________________________________ No._____M.5/_____
8. At the beginning of the month Francis purchased a car at the price of $25,000 with 12%
down payment of car price (จ่ า ยเงิ น ดาวน์ 12 % ของราคารถยนต์ ). He agreed to make monthly
payment at the end of each month (ผ่ อ นช าระเท่ า กั น ทุ ก ๆสิ ้ น เดื อ น ) for 2 years. How much does
Francis need to pay in each month if interest rate is 15% monthly compounded?
0.015 0.0125
a) 25, 000 ( ) b) 25, 000 ( )
1−(1.015)−24 1−(1.0125)−24
0.015 0.0125
c) 22, 000 ( ) d) 22, 000 ( )
1−(1.015)−24 1−(1.0125)−24
9. Chris borrowed an amount of money from the bank with the interest 4% compounded
quarterly (ต่อ 3 เดือน หรือ 4 ครั้งต่อปี) for three years. Chirs needs to pay the money back to the
bank only one time at the end of year three for an amount of $56,341.25, find an amount of
money that Chris borrowed from the bank.
1 1−(1.01)−12
a) 56,341.25(
(1.01)12
) b) 56,341.25( )
0.01
c) 56,341.25(1.01)12 d) 56,341.25(
0.01
)
1−(1.01)−12
2. Pat deposited money every 6 months with interest 4% compounded semiannually (ต่อ 6
เดือน หรือ 2 ครั้งต่อปี). Pat will have $350,198.60 at the end of one and a half year. How much
money he needs to deposit at the present time? (Approximately)