Q 1: Ahmed deposits $1500 in a saving account that pays him 9.9% interest per year. How much would Ahmed have at the end of year 12 with compound interest rate? Q 2: Osarna just purchased some shares worth $1500. He will sell the stock shares when its price doubles. If he expects the stock share price to increase 8.2% per year, approximately, how long should he wait before selling the stock shares? Q 3: Consider the cash ow series given below. Compute the equivalent lump-sum amount W5) at n=5 at 11% annual interest rate. T 5120 1 2 3 4 5 5 7 V9\