MTH302_1st_Assignment_Spring2012
Posted: Fri Apr 06, 2012 4:22 pmAssignment # 1
MTH302 (Spring 2012)
Total marks: 20
Lecture # 1 to 8
Due date:19-04-2012
DON’T MISS THESE Important instructions:
• Upload assignments properly through LMS, (No Assignment will be accepted through email).
• All students are directed to use the font and style of text as is used in this document.
• This is an individual assignment, not group assignment, so keep in mind that you are supposed to submit your own, self made & different assignment even if you discuss the questions with your class fellows. All similar assignments (even with some meaningless modifications) will be awarded zero marks and no excuse will be accepted. This is your responsibility to keep your assignment safe from others.
• Above all instructions are for all assignments so may not be mentioned in future.
• There are 2 questions in the assignment and both questions will be graded.
• Solve the assignment on MS word document and upload your word (.doc) files only. Do not solve the assignment on MS excel. If we get any assignment on MS excel or any format other than word file then it may not be graded.
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.
MTH302 (Spring 2012)
Total marks: 20
Lecture # 1 to 8
Due date:19-04-2012
DON’T MISS THESE Important instructions:
• Upload assignments properly through LMS, (No Assignment will be accepted through email).
• All students are directed to use the font and style of text as is used in this document.
• This is an individual assignment, not group assignment, so keep in mind that you are supposed to submit your own, self made & different assignment even if you discuss the questions with your class fellows. All similar assignments (even with some meaningless modifications) will be awarded zero marks and no excuse will be accepted. This is your responsibility to keep your assignment safe from others.
• Above all instructions are for all assignments so may not be mentioned in future.
• There are 2 questions in the assignment and both questions will be graded.
• Solve the assignment on MS word document and upload your word (.doc) files only. Do not solve the assignment on MS excel. If we get any assignment on MS excel or any format other than word file then it may not be graded.
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.