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Direction: Read, understand and solve the following questions. (5x525 Marks) 1 BD 15000 is invested on May 5, 2021 to October 29, 2021 at 4%

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Direction: Read, understand and solve the following questions. (5x525 Marks) 1 BD 15000 is invested on May 5, 2021 to October 29, 2021 at 4% interest find the maturity value if it was compounded sem.anmaally 2 Predict how long it will take BD 600 to accumulate to 1800 if the interest is 3% compounded quarterly 3 Khalid wants to have BD 10000 in his account by the end of 19 years and 6 months. How much should he invest today as interest of the bank paying 3% Semi-annually? Decide at what rate compounded monthly Will BD 400 become BD 1200 for 6 years? 5 Compute the compound Interest if BD 22000 is invested at 19 compounded daily for 580 days

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