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3. Ahmed has a savings amount of $1,555,000. He wants to deposit in the bank for Interest earnings for 15 Years. Ahmed has the
3. Ahmed has a savings amount of $1,555,000. He wants to deposit in the bank for Interest earnings for 15 Years. Ahmed has the following two investment options: a) Standard Charted Bank pays 8.99 percent simple interest b) HSBC pays @ 7.99 percent interest compound annually. Which will be the BEST INVESTMENT OPTION to Ahmed? Illustrate your answer with calculations. 4. On January 2021 - Dana has purchased a Car for $ 690,000 and she has paid $ 190,000 down payment. She has taken a Car loan @ 3.29 percent flat interest for 4 Years from FAB. How much will be Dana's EMI?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
