Well i was like the only one that did $96000 in my school, i still havent got my results back and dont know if my school marked it right...
I do have the rest of the exam...
Question 9b
Here's the question:
Jordan has to pay annual installments for his superannuation at the beginning of each year according to the formula:
Mn = (1 + r/100) x Mn-1 for n > or equal to 2
where r % is the annual rate of interest paid by the fund and Mn is the installment at the...
Everyone who got around $30000, Consider this guy, who puts in $500 + $560 +... + $4800, so all up he puts in around $30000 with his raw installments...
What would be the point of putting money into a superannuation fund if it wasnt earning any interest? People used 500(1.12)^20...
well at least someone else put $96000
with the circle question, you had to find the gradients of the two lines and then use the angle between two lines formula to find theta... it was one of those questions that if you saw it at first it was easy, but if u didnt see it, then it was hard to...
Super annuation Question
Did anyone else get around $96000 for the super-annuation question? (Q 9)
Everyone said they got like $36000 but i added the compound interest...