1. Calculate the future value of an ordinary annuity with BD 150 annually payments at 2% annual interest for 3 months. 2. How long will it take BD 5000 to accumulate to BD 15000 if the interest is at 2% compounded semi-annually? 3. If a principal of BD 15000 earns simple interest of BD 800 in 700 days, what interest rate, is in effect? 4. Find the interest and final amount on BD 7500 at 3% simple interest for 18 months. 5. Ali wants to have BD 15000 in his account by the end of 10 years and 6 months. How much interest should he pay today in the bank paying 4% semi-annually? 6. Find the FV of an ordinary annuity with BD 7000 annually payments at 1% annual interest for 4380 days. a Once purchased, an immediate payment annuity can be canceled for a refund. This may pose a problem should the annuitant need the money in a financial emergency. Select one: True False