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1.You need to withdraw $231 every month for the next five months. The monthly interest rate is 0.75%. How much do you need to deposit
1.You need to withdraw $231 every month for the next five months. The monthly interest rate is 0.75%. How much do you need to deposit today?
2.You are starting with 13.3 million Chilean Pesos (CLP) today. The interest rate is 4.753% per year compounded annually. You also have a uniform series with four annuities each equaling 5,325 Qatari Rials (QAR) and starting in year 2. What is the future value of that money in five years in Canadian Dollars (CAD)?
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