Exams

The mathematical formula for calculating compound interest depends on several factors. These factors include the amount of money deposited called the principal, the annual interest rate (in decimal form), the number of times the money is compounded per year, and the number of years the money is left in the bank.

 FV=p1+rnnt

FV = Future value of the Deposit

p = Principal or Amount of Money deposited

r = Annual Interest Rate (in decimal form )

n = No of times compounded per year

t = time in years

FV=40001+0.0644(5)= 5387.42

G-15 is an economic grouping of Third World Nations.

The countries listed in G-15 group are Algeria, Argentina, Brazil, Chile, Egypt, India, Indonesia, Iran, Jamaica, Kenya, Malaysia, Mexico, Nigeria, Peru, Senegal, Sri Lanka, Venezuela, and Zimbabwe.

The G-15 membership has expanded to 18 countries, but the name has remained unchanged. 

• The First World described countries whose views aligned with NATO and capitalism. The United States was considered a member of the First World.

• The Second World referred to countries that supported communism and the Soviet Union. Russia was considered a member of the Second World.

• The Third World referred to countries whose views did not align with NATO and capitalism or the Soviet Union and communism. A Third World country is a developing nation characterized by poverty and a low standard of living for much of its population. Third World countries referenced the nations, mostly in Asia and Africa.

Given that 

6 men and 8 boys can do a piece of work in 10 days 

26 men and 48 boys can do the same in 2 days

As the work done is equal,

10(6M + 8B) = 2(26M + 48B)

60M + 80B = 52M + 96B

=> M = 2B

=> B = M/2 ……(1)

Now Put (1) in 15M + 20B

=> 15M + 10M = 25M

Now, 6M + 8B in 10 days

=> (6M + 4M) 10 = 100M

Then D(25M) = 100M

=> D = 4 days.