MTH302 Assignmnt 1 Spring 2023 – Assignments – Solution VU

MTH302 Assignmnt 1 Spring 2023 – Assignments – Solution VU

Assignment No.  1                    MTH302 (Spring 2023)

Total Marks: 15                     Due Date:  27th May, 2023


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Question 1                                                     Marks=5

If a person provide payments of Rs.15000 at the end of each 3rd month for 7 years and interest is 13.5% compounded quarterly, then calculate how much money is deposited.


Question 2                                                      Marks=10

Suppose two mobile phone companies sale their internet packages as 256KB connection for Rs.1500 per month, 512KB connection for Rs. 1900 per month, 1MB connection for Rs. 2800 per month and 4MB connection for Rs. 3800 per month.

The table below summarizes the number of connections both companies have sold per month:                


256 KB




Company A





Company B






What is total annual revenue of Company A?

What is total quarterly revenue of Company B?

(Use Matrices to illustrate the above information)

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