Wednesday, April 28, 2010

Re: :::|| VU Askari ||::: MGT201-FM GDB

ASAD PLZ SEND ME THE FINAL SOLUTION OF GDB???????????//

On Wed, Apr 28, 2010 at 4:58 PM, mc090402550 Asad Munir <mc090402550@vu.edu.pk> wrote:
only answers


On Wed, Apr 28, 2010 at 2:31 PM, mc100206700 Hira Tahir Mansoor <mc100206700@vu.edu.pk> wrote:
kya sirf answer bhejna hai ya complete steps likhne hain?????????????????????????????????????please tell

On Wed, Apr 28, 2010 at 12:38 AM, mc090402739 Bilal Bin Akhtar <mc090402739@vu.edu.pk> wrote:
Anyone can send solution of GDB.Only 1 day left

On Mon, Apr 26, 2010 at 12:13 AM, Askari Helpline <vuaskarihelpline@gmail.com> wrote:
Total Marks 2
Starting Date Monday, April 26, 2010
Closing Date Wednesday, April 28, 2010
Status Open
Question/Description

Your father is 50 years old now and his plan is to retire exactly at the age of 60. His goal is to create a fund that will allow him to receive Rs15,00,000 at the time of retirement so that he can start a small business. He has searched the market and is confused between the two options:

  • Option 1: To deposit Rs.9,000 after every 6 months in banks A
  • Option 2: To deposit Rs.2,000 after every 4 months in banks B

Both banks assume payments at the end of respective months. As a business graduate, you have been asked to help him out as:

What interest rate assumption has the Bank A used in its offer?

What interest rate assumption has the Bank B used in its offer?

Which option is favorable?



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