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Please solve the question if you are completely sure about the solution, otherwise I will downvote it. Thanks. C. Imagine you Deposit K10,000 every six
Please solve the question if you are completely sure about the solution, otherwise I will downvote it.
Thanks.
C. Imagine you Deposit K10,000 every six months for the next five years at an interest rate of 10% per annum. You would want to know what this value will be at the end of the period. Required: i. Using simple interest (5 Marks) ii. Using compounded interest (5 Marks) iii. If the deposits were made at the beginning of every six months (5 Marks) iv. If the deposits were made at the end of every six monthsStep by Step Solution
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