Hello Everyone,
How do you please suggest I solve the following problem?
Navibank lends a total of $625 billion, a quarter of which is one-year term and the remaining are two-year terms. Assuming that it offers a fixed lending rate of 11% per year for loans of all terms, how much does the bank earn from the lending interest?
Thank you
Calculate this separately for the two term structures:
If they are lending the same amount ($625B) every year, the sum of these 2 are what they earn in interest per year.
Hi,
I have a hunch that you're the same person that has asked the 3 other quant questions!
I think you're approaching this wrong (if I may).
Rather than spamming the Q&A to get the answer, you need to learn the logic.
Same goes with case types (you can't just memorize every case framework out there...you have to learn how to think about every case prompt individually).
So, I highly recommend you ernestly try to solve each of these problems on their own.Then, post here with your reasoning/thinking and then we can comment on that.
You're not going to ace the case by getting every answer to every question in the world. Rather, you'll learn by figuring out how to think about each one you see! Also, a coach can help you with this :)
Hi, Here some free link to practice with other quantitative test (SHL standard)
- https://www.gradtests.com.au/test/starttest/TestType/2/TestId/45/practice/1
- https://www.wikijob.co.uk/aptitude-test/verbal-reasoning-practice
- https://www.practiceaptitudetests.com/sign-up/programme/shl
- https://www.shldirect.com/en/practice-tests
- https://www.jobtestprep.co.uk/jobtestprep/testPlayer.aspx?atr=1&skinid=9&localeSetting=en-GB&sLanguage=en-GB&test_id=E_FreeSHL_Numerical&mode=timed&template=FreeTestTemplate&endURL=%2ffree-shl-numerical-test-results-page&endURLName=Exit+Test&cancelURLName=Exit+Test&cancelURL=signout.aspx&ReturnURL=%2fmaster-ceb-shl-numerical-test&layoutype=1&layoutype=1&testTitle=Free+SHL-Style+Numerical+Test&adPageID=&itemCode=E_FreeSHL_Numerical
Best,
Antonello
Hello!
It´s an easy one:
Best,
Clara
