CAT Questions

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Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)

Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

How it grows ::

Malaysia is a Southeast Asian country occupying parts of the Malay Peninsula and the island of Borneo. It's known for its beaches, rainforests and mix of Malay, Chinese, Indian and European cultural influences. The capital, Kuala Lumpur, is home to colonial buildings, busy shopping districts.

The Cartesian Product is also an operator which works on two sets. It is sometimes called the CROSS PRODUCT or CROSS JOIN. It combines the tuples of one relation with all the tuples of the other relation.

Brift means the root word mili; the suffix amint means the same as the English suffix –tant; the root word ufton– means occupy; el means the suffix –ied of occupied; and alene means the suffix –tion. (Because ufton means occupy, choices a, b, and d can be easily ruled out.)

Final goods and services refer to goods and services that have been purchased for final use and that cannot be resaled.