ID : 14f12718
1) a. Find the present value of an ordinary annuity if you have a plan to pay an annuity of Rial Omani B at the end of each week for A years. Bank Muscat offers the discount rate of E % compounded weekly. (6 Marks) Note that A (A,A2) is first two-digit number (before English alphabet letter) from your college ID B (B.B2B3B4) is last four-digit number (after English alphabet letter) from your college ID. C(CCC) is last three-digit number (after English alphabet letter) from your college ID. D(D,D2) is last two-digit number (after English alphabet letter) from your college ID. MEC_AMO_TEM_03_01 Page 1 of 9 Analytical Mathematics (MASC 1001.2) - Summer - 2020 - CW2 (Assignment 2) - A-R&S - QP E is last single-digit number (after English alphabet letter) from your college ID. (If Eis zero, then take second last digit and if second last digit is also zero then take third last digit number (after English alphabet letter) from your college ID. For example, if your MEC id no. is 16f23450, then Take A = 16 (A= 1, A2 = 6), B = 3450 (B4 = 3, B2 = 4, B3 = 5, B4 = 0, C = 450 (C1 = 4, C2 = 5, C3 = 0), D = 50 (D. = 5, D2 = 0) and E = 0 b. Suppose that you have deposited Rial Omani (B x E) in the special account of Bank Nizwa at the end of each semi year for C months. If the special account of Bank Nizwa offers at the rate of %) % compounded semiannually, then calculate the future value of an ordinary annuity. (6 Marks) Note that A (A2A2) is first two-digit number (before English alphabet letter) from your college ID B (B,B2B3B) is last four-digit number (after English alphabet letter) from your college ID. C(CCC) is last three-digit number (after English alphabet letter) from your college ID. D (D,D2) is last two-digit number (after English alphabet letter) from your college ID. E is last single-digit number (after English alphabet letter) from your college ID. (If E is zero, then take second last digit and if second last digit is also zero then take third last digit number (after English alphabet letter) from your college ID. For example, if your MEC id no. is 16f23450, then Take A = 16 (A, = 1, A2 = 6), B = 3450 (B = 3, B2 = 4, B3 = 5, B = 0, C = 450 (C1 = 4, C2 = 5, C3 = 0), D = 50 (D = 5, D2 = 0) and E = 0 1) a. Find the present value of an ordinary annuity if you have a plan to pay an annuity of Rial Omani B at the end of each week for A years. Bank Muscat offers the discount rate of E % compounded weekly. (6 Marks) Note that A (A,A2) is first two-digit number (before English alphabet letter) from your college ID B (B.B2B3B4) is last four-digit number (after English alphabet letter) from your college ID. C(CCC) is last three-digit number (after English alphabet letter) from your college ID. D(D,D2) is last two-digit number (after English alphabet letter) from your college ID. MEC_AMO_TEM_03_01 Page 1 of 9 Analytical Mathematics (MASC 1001.2) - Summer - 2020 - CW2 (Assignment 2) - A-R&S - QP E is last single-digit number (after English alphabet letter) from your college ID. (If Eis zero, then take second last digit and if second last digit is also zero then take third last digit number (after English alphabet letter) from your college ID. For example, if your MEC id no. is 16f23450, then Take A = 16 (A= 1, A2 = 6), B = 3450 (B4 = 3, B2 = 4, B3 = 5, B4 = 0, C = 450 (C1 = 4, C2 = 5, C3 = 0), D = 50 (D. = 5, D2 = 0) and E = 0 b. Suppose that you have deposited Rial Omani (B x E) in the special account of Bank Nizwa at the end of each semi year for C months. If the special account of Bank Nizwa offers at the rate of %) % compounded semiannually, then calculate the future value of an ordinary annuity. (6 Marks) Note that A (A2A2) is first two-digit number (before English alphabet letter) from your college ID B (B,B2B3B) is last four-digit number (after English alphabet letter) from your college ID. C(CCC) is last three-digit number (after English alphabet letter) from your college ID. D (D,D2) is last two-digit number (after English alphabet letter) from your college ID. E is last single-digit number (after English alphabet letter) from your college ID. (If E is zero, then take second last digit and if second last digit is also zero then take third last digit number (after English alphabet letter) from your college ID. For example, if your MEC id no. is 16f23450, then Take A = 16 (A, = 1, A2 = 6), B = 3450 (B = 3, B2 = 4, B3 = 5, B = 0, C = 450 (C1 = 4, C2 = 5, C3 = 0), D = 50 (D = 5, D2 = 0) and E = 0