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10. Mr Nasser has invested 25000 in multinational company for 12 years. At the end of investments period the company will return 30000 to Mr.
10. Mr Nasser has invested 25000 in multinational company for 12 years. At the end of investments period the company will return 30000 to Mr. Nasser. Mr. Nasser is worried about the rate of return for his investment. i) What is the interest rate for his investment? 2 mark ii) What will the future value from the founded interest rate if the number of years changes from 12 to 15? 1 mark iii) what if interest rate is 0? 2 mark
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