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q25 q26 pls answer both QUESTION 25 Ahmed must pay off his car by paying BD 5700 at the beginning of each year for 12
q25 q26 pls answer both
QUESTION 25 Ahmed must pay off his car by paying BD 5700 at the beginning of each year for 12 years and is charged an interest of 8%. What is the present value of Ahmed's payments? OBD 46392.10 OBD 42955.64 OBD 116823.19 OBD 108169.62 QUESTION 26 Given an interest rate of zero percent, the future value of a lump sum invested today will always: O Decrease if the investment time period is lengthened. O Decrease if the investment time period is shortened. O Remain constant, regardless of the investment time period. Be equal to $0. 1 1 poiStep by Step Solution
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