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I need Unique answer, don't copy and paste, please) (dont' use handwriting, please). FINANCE - 210 Second homework (5 POINTS) QI: If Faisal deposits SR
I need Unique answer, don't copy and paste, please) (dont' use handwriting, please).
FINANCE - 210 Second homework (5 POINTS) QI: If Faisal deposits SR 22,000 for 7 years at a rate of 9 % . What is the amount accrued in the account at the end of the seventh year (future value)? Q2: Khaled has deposited a sum of SR 14000 with interest rate of 11 % and for 6 years. How much is the amount at the end of the period (future value) ? Q3: Nora have SR 35000 and deposit them at a Bank at a simple interest rate of 12 %, what is the total amount and interest amount due to her after 4 years? Q4: What is the present value of the future amount SR 17000 after 5 years. Note that the prevailing interest rate is 13 %
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