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4. How much will Mohammed generate in an account at the end of 5 years if he deposits AED 20,000 today and the interest is

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4. How much will Mohammed generate in an account at the end of 5 years if he deposits AED 20,000 today and the interest is 5% per year compounded semi-annually. [5 Marks] 5. How many years will it take for Farid's deposit of AED500,000 grow to AED 750,000 if it is invested in DIB's Fixed Deposit Account with an annual interest rate of 10%? [5 Marks]

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