Thursday, April 29, 2010

(Attock VU Group) 411

1-

 
 

A student needs Rs 200,000 after 5 year for his study. What amount he has to deposit in a bank today so that he will have Rs 200,000 after 5 years if bank offers yearly 6% interest rate compounded semi-annually. (Marks 5)

2-

 
Which of the following accounts will include in M1 & M2? Identify separately.
(Marks 2)
Euro dollars
Current account balances in Pakistan
ATM cards balances in Pakistan
Banks Saving accounts in Pakistan
Individual money market mutual fund
Institutional money market mutual fund share

 

plz solution required today last date

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