Problem 4.7.a Calculate the Future Value of 5,000 SAR made at the end of each year for 25 years, with an interest rate of 7%.

RateNPERPMTType 0.0725-5,0000

4.7.bCalculate the Future Value of a payment of 5,000 SAR made at the beginning of each year for 25 years, with an interest rate of 7%.

RateNPERPMTType 0.0725-50001

Problem 4.7a: Calculate the Future Value of a payment of 5,000 SAR made at the end of each year for 25 years, with an interest rate of 7%. Problem 4.7b: Calculate the Future Value of a payment of 5,000 SAR made at the beginning of each year for 25 years, with an interest rate of 7%.