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Management Maths 1 Question Paper

Management Maths 1 

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2011



KENYATTA UNIVERSITY
CAT 1 2011
DATE 8 MAY2011
TIME 1HR
INSTRUCTIONS:ANSWER ALL QUESTIONS
a)A firm rents its premises and the rental agreement provides for a regular annual increase of sh. 2,650. If the rent in the first year is sh 8,500 what is the rent in the tenth year?(8MKS)
b). How much rent in total did the firm pay for its premises over the 10 years.(4MKS)
1. A firm buys a power press for sh. 32,500, which is expected to last for 20 years and to have a scrap value of sh.7500. If depreciation is on the straight-line method, how much should be provided for in each year?(5MKS)
2. An employee, who received fixed annual increments had a final salary of sh.9,000 p.a. after 10 years. If his total salary was sh.65,000 over the 10 years, what was his initial salary?(8MKS)
3. Onyango buys premium bonds every year. In the first year he buys sh.10,000 worth of bonds. If every year he increases his annual investment in bonds by sh.1,000 how long will it be, before his total investment on bonds becomes 1 million shillings?(4MKS)




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