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Petroleum Engineering Economics Q1) A service oil firm want to develop their financial balance to be within more economic benefits, so what is the balance

Petroleum Engineering Economics

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Q1) A service oil firm want to develop their financial balance to be within more economic benefits, so what is the balance required in an account at the end of 10 years if 2,500 millions of IQD is deposited today and the account earn 4% interest, compounded annually, quarterly? More Required: A) If the the rate of interest is changed to be 8% on same all same situation above, so what the finincial changes on the same capital balance? B) Explain and try to Plot the details of changes in two situtaion based on (Fv, Pv) during the changes of rate interests

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