1.Hassan will receive the following payments at the end of the next four years: AED 30,000, AED 50,000, AED 40,000 and AED 60,000. Then from the end of the fourth year through the end of the ninth year, he will receive an annuity of AED 40,000. At a discount rate of 6 percent, what is the present value of all future benefits?

Noor would like to know the monthly payments and the total finance charges on the following loans:

AED 800,000, 9%, 4 years.

Find the future value of AED 60,000 at 6 percent compounded monthly for 5 years.