MTH302_1st_Assignment_Spring2012

[athar1984]

Assignment # 1
MTH302 (Spring 2012)
Total marks: 20
Lecture # 1 to 8
Due date:19-04-2012
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Question No. 1:

If the salary and allowances of an employee are as follows:

Basic Salary
House Rent Allowance
Conveyance Allowance
Utilities Allowance
Group Insurance/Medical
Misc. Social Charges

There are Casual, Earned (not availed) and no Sick leaves per year where as normal working days per month are . Calculate the Gross Remuneration of the Employee.

Question No. 2:

Calculate the discount factor and discounted value when discount rate is 5%, number of periods is 20 and amount of annuity is Rs.20000.

[abdulsaboor]

MTH 302 SOLVED ASSIGNMENT ENJOY