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Question 1: Asma has an opportunity to invest BD 7,500 in Ithmaar Bank for the upcoming 4 years. The bank will pay him 3.5% as
Question 1: Asma has an opportunity to invest BD 7,500 in Ithmaar Bank for the upcoming 4 years. The bank will pay him 3.5% as a compound interest rate, how much he will receive after 4 years in an: [2 Marks] 1) Annually form 2) Quarterly form 3) Monthly form 4) Which form is the best investment for Asma, and why? (0.5 mark) (0.5 mark) (0.5 mark) (0.5 mark)
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