A-DA- Dic Styles Styles Pane Attempt Boch Questions in this section Compulsory Question One al Mick knows he will need 13,850 in nine years. How much must he depositeday if the AER offered by his bank is 1967 (5 Mark) You agree to lease a car for five years at E2,000 per year, with payments coming at the end of each year. You are not required to pay any money up front or at the end of your agreement If he quoted interest rate is 11%, what is the present value (c) of the lease! 05 Marks) fe) Suuan would like her young to study finance at UCC, in ten yean. She estimates he will teed 14,000 upon to fund his fees and board for his degree. She is planning to Trake tenanual deposits, beginning today What is the amount of each mal deposit if the best usted interest rate she can source is 5%? 5 Marks) (d) Reginning today, Peter will make an annual depositores,000 into an investment account with an AER of How will be in the account for ten years? 15 Mark Total Mark Questes Two Explain what is meant by Capital Rationing in both its forms) and do why and when might car ish United States Focus 4 tv