Instructions for Assignment and Paper

You can use Ms excel or Ms Word to solve any question in the assignment or paper.
But you have to remember some basic points:

1. Show the complete process to solve the question; otherwise you will not get full
marks.
2. If you write only the answer without any process, the question will not be taken as
solved properly.
3. If you solve the question on Ms Excel then paste the data on Ms Word after
solving the question (Do not take screen shot of whole screen and paste it in exam
software). You should also mention the formula separately which you have used
to solve the question. If you not mention the formula at least half the marks will
be deducted.

e.g.

Question: Marks 05

Calculate the accumulated value if you deposit Rs. 500 at the end of each year for the
next 3 years? Assume an interest of 8% compounded annually.

Solution 1:

Rs. 1623.125

Answer correct but no process shown so the marks will be .

Marks 01

Solution 2:
8
Rate of interest = i = 8% = = 0.08
100
Number of periods = n = 3

Payment per period = Amount of Annuity = R = 500 Rs.

 R { (1 + i ) n - 1}
Accumulated Value =
i
500 { (1 + 0.08)3 - 1} 500 { (1.08)3 - 1}
= �
0.08 0.08
500(1.2597 - 1) 500(0.2597)
= �
0.08 0.08

= 1623.125 Rs
Answer correct and process shown, full marks will be awarded. Marks 05

Solution 3:

By using Ms Excel

Rate of interest 8%
Number of period 3
Amount of
annuity 500

Future value ($1,623.20)

Answer is correct but formula not mentioned so

Marks 01
Solution 4:

Rate of interest 8%
Number of period 3
Amount of
annuity 500

Future value ($1,623.20)

=FV(E13,E14,E15,0,0)
Or
=FV(8%, 3, 500, 0, 0)

Answer is correct and formula also mentioned so

Marks 05
Example : 2

Similarly for questions like in the assignment You can solve the question on Ms Excel
and mention the formula used and then paste on Ms Word.

MOVING AVERAGES
Period Data Moving Average
Day 1 Morning 170
Afternoon 140 180 =AVERAGE(F140:F142)
Evening 230 182 =AVERAGE(F141:F143)
Day 2 Morning 176 186 =AVERAGE(F142:F144)
Afternoon 152 187 =AVERAGE(F143:F145)
Evening 233 189 =AVERAGE(F144:F146)
Day 3 Morning 182 192 =AVERAGE(F145:F147)
Afternoon 161 195 =AVERAGE(F146:F148)
Evening 242

ACTUAL MINUS TREND

Day Period Data Moving Average = Trend
1 Morning 170
Afternoon 140 180 -40 =F179-I179
Evening 230 182 48 =F180-I180
2 Morning 176 186 -10 =F181-I181
Afternoon 152 187 -35 =F182-I182
Evening 233 189 44 =F183-I183
3 Morning 182 192 -10 =F184-I184
Afternoon 161 195 -34 =F185-I185
Evening 242