vu cs403 Mid Term Subjective Solved Past Paper No.1

vu cs403 Database Management Systems Solved Past Papers

Solved Past Papers

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Question 1: Define the following terms:
  1. (i) Dealer
  2. (ii) Broker
Answer:

(i) Dealer

An agent who buys and sells securities from a maintained inventory. It stands ready to buy securities from investors wishing to sell them and sells securities to investors wishing to buy them

(ii) Broker

An agent who arranges security transactions among investors, matching investors wishing to buy securities with investors wishing to sell securities. They do not buy or sell securities for their own accounts. Facilitating trades others is their business
Question 4: Find compound interest
Answer:
if interest is left in the account to accumulate for a longer period (usually longer than one year), common practice requires that after interest is earned and credited for a given period, the new sum of principal + interest must now earn interest for the next period, etc. This is compound interest.

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