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Q:

Example:$800 is invested at 7% for 6 years.Find the interest compounded anually?

A) 400.58 B) 300.58
C) 200.58 D) 100.58
 
Answer & Explanation Answer: A) 400.58

Explanation:

M=P(1+i)^n

 

I=M-P

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

What are java threads?

Answer

Java is one of the small number of languages that support at the language level for the creation and management of threads. However, because threads are managed by the java virtual machine (JVM), not by a user-level library or kernel, it is difficult to classify Java threads as either user- or kernel-level.

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Subject: Operating Systems

Q:

What are various scheduling queues?

Answer

 



  • Job queue

  • Ready queue

  • Device queue

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Subject: Operating Systems

Q:

What is the probability that a leap year selected at random, will contain 53 sundays?

A) 1/7 B) 1/3
C) 2/7 D) 4/7
 
Answer & Explanation Answer: C) 2/7

Explanation:

In a leap year,there are 366 days=52 weeks and 2 days

Remaining favourable 2 days can be sunday and monday or saturday and sunday

Exhaustive number of cases =7

Favourable number of cases =2

So,required probability=2/7

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Filed Under: Probability

Q:

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?

A) 7401.22 B) 3456
C) 4567 D) 7890
 
Answer & Explanation Answer: A) 7401.22

Explanation:

With slight modifications, the basic formula can be made to deal with compounding at intervals other than annually.

 

Since the compounding is done at six-monthly intervals, 4 per cent (half of 8 per cent) will be added to the value on each occasion.

 

Hence we use r = 0.04. Further, there will be ten additions of interest during the five years, and so n = 10. The formula now gives:

 

V = P(1 + r)10 = 5,000 x (1.04)10 = 7,401.22

 

Thus the value in this instance will be £7,401.22.

 

In a case such as this, the 8 per cent is called a nominal annual

 

rate, and we are actually referring to 4 per cent per six months.

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Filed Under: Simple Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

What are system calls?

Answer

System calls provide the interface between a process and the operating system. System calls for modern Microsoft windows platforms are part of the win32 API, which is available for all the compilers written for Microsoft windows.

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Subject: Operating Systems

Q:

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded annually

A) 7346.64 B) 8346
C) 3456 D) 4567
 
Answer & Explanation Answer: A) 7346.64

Explanation:

The only part of this type of calculation that needs particular
care is that concerning the interest rate. The formula assumes that
r is a proportion, and so, in this case:
r = 0.08
In addition, we have P = 5,000 and n = 5, so:
V = P(1 + r)5 = 5,000 x (1 + 0.08)5 = 5,000 x 1.469328 = 7,346.64
Thus the value of the investment will be 7,346.64

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

Calculate the effective interest rate of a 10% annual rate compounded continuously.

A) 9.52% B) 10.52%
C) 11.52% D) 12.52%
 
Answer & Explanation Answer: B) 10.52%

Explanation:

E=e^i-1

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO