Assignment No.

1 MTH302 (Spring 2021)

Total Marks: 15
Due Date: 27th May, 2021

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Question 1 Marks=5

If a person provide payments of Rs.15000 at the end of each 3rd month for 7 years and interest is
13.5% compounded quarterly, then calculate how much money is deposited.

Question 2 Marks=10
Suppose two mobile phone companies sale their internet packages as 256KB connection for
Rs.1500 per month, 512KB connection for Rs. 1900 per month, 1MB connection for Rs. 2800
per month and 4MB connection for Rs. 3800 per month.

The table below summarizes the number of connections both companies have sold per month:

256 KB 512KB 1MB 4MB

Company A 175 60 22 8
Company B 250 180 65 23
What is total annual revenue of Company A?
What is total quarterly revenue of Company B?
(Use Matrices to illustrate the above information)