Question 3: _(20 points) Time left 0:57:1 (A) Abdulrahman deposits $ 320,000 into a bank, which pays 12% interest that i
Posted: Tue Jan 18, 2022 12:57 pm
Question 3: _(20 points) Time left 0:57:1 (A) Abdulrahman deposits $ 320,000 into a bank, which pays 12% interest that is compounded quarterly. What will he have in his account at the end of five years? Compute the compound interest (10 points)
(8) Jamal is a Sales Executive working in an electronics company. He receives a salary of $ 4,800 per week plus a commission of 8% on all sales exceeding $ 50,000. During a four-week period he sold products worth $ 70,000, what was Mohammed's gross pay? (6 points)
(8) Jamal is a Sales Executive working in an electronics company. He receives a salary of $ 4,800 per week plus a commission of 8% on all sales exceeding $ 50,000. During a four-week period he sold products worth $ 70,000, what was Mohammed's gross pay? (6 points)