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8. Find the rate i. J12 equivalent to j = 10.08% ii. equivalent to ja = 12% iii. ja equivalent to ja = 9% iv.

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8. Find the rate i. J12 equivalent to j = 10.08% ii. equivalent to ja = 12% iii. ja equivalent to ja = 9% iv. per month equivalent to 5% per half-year. 9. How much would have to be deposited today in an investment found paying 112 = 10.4% to have $200 in 3 years? time. Dr Perpetual A. Boiquaye /Dr Winnie Onsongo Page 2 of 3 11. 10. How long will it take GHc2,000 to accumulate GH800 interest at 10% compounded quarterly? a. Prove that a given compound interest rate if X is equivalent to Y and Y is equivalent to Z, then X is equivalent to Z b. An obligation of 2500 falls due at the end of 7 years. If money is worth 112 = 10%. find an equivalent debt at the end of (i) 3 years, (ii) 10 years 13 a. Find the discounted value of GH1000 due in 2 years at (i) (12) = 12%, (ii)d(36) = 7% b. Find the accumulated value of $500 at the end of 3 years at (i) 8% simple discount, (ii) (2) = 8% 8. Find the rate i. J12 equivalent to j = 10.08% ii. equivalent to ja = 12% iii. ja equivalent to ja = 9% iv. per month equivalent to 5% per half-year. 9. How much would have to be deposited today in an investment found paying 112 = 10.4% to have $200 in 3 years? time. Dr Perpetual A. Boiquaye /Dr Winnie Onsongo Page 2 of 3 11. 10. How long will it take GHc2,000 to accumulate GH800 interest at 10% compounded quarterly? a. Prove that a given compound interest rate if X is equivalent to Y and Y is equivalent to Z, then X is equivalent to Z b. An obligation of 2500 falls due at the end of 7 years. If money is worth 112 = 10%. find an equivalent debt at the end of (i) 3 years, (ii) 10 years 13 a. Find the discounted value of GH1000 due in 2 years at (i) (12) = 12%, (ii)d(36) = 7% b. Find the accumulated value of $500 at the end of 3 years at (i) 8% simple discount, (ii) (2) = 8%

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