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note: may you please solve and explain with using formulas can you solve part ii part and dont wanna excel solution (ii) Given a payment

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note: may you please solve and explain with using formulas can you solve part ii part and dont wanna excel solution

(ii) Given a payment of 2,000 due in 4 years' time, calculate the present value using: (a) simple interest of 3% pa (b) simple discount of 3% pa (c) compound interest of 3% pa

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