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1.you received an sms from Byblos bank stating the following: take 49000000 L.L as a loan and repay 971000 L.L per month. then most probably

1.you received an sms from Byblos bank stating the following: take 49000000 L.L as a loan and repay 971000 L.L per month. then most probably n= ............. an r is around .......................Required to answer. Single choice.

(10 Points)

5, 6.5%

5, 7.5%

5, 5.5%

6, 10.5%

6, 11.5%

6, 12.5%

.your aunt Najwa receives USD 1326 per month as accrued interest on her money from the bank. the interest rate is 7.75%. Sanioura tax applied on interest gained is 7%. how much does your aunt have in the bank?Required to answer. Single choice.

(10 Points)

220770

440234

43670

123446

356885

566882

15912

.Mrs Moufarrej is planning to retire from the company this year. the company offered her a lump sum retirement payment of $50,000 or a $6,000 lifetime ordinary annuity-whichever she chooses. she expects to live for at least 15 more years. What is the value of the annuity and hence which option should she choose? r= 8% at the bankRequired to answer. Single choice.

(10 Points)

51354

52535

51862

52328

51337

52754

how long will it take for the $10,000 to double if it is invested at an annual interest rate of 14 %? it will take ............... yearsRequired to answer. Single choice.

(10 Points)

6

4.5

5.29

6.14

4.87

5.66

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