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QUESTION 1: PART (a) What is the value of $2000after one year, if bank compounding half yearly and offered rate is 10%? PART (b) What

QUESTION 1:

PART (a)

What is the value of $2000after one year, if bank compounding half yearly and offered rate is 10%?

PART (b)

What is the value of $2000 after one year if bank compounding quarterly and offered rate is 10%?

PART (c)

What is the value of $2000after one year if bank compounding monthly and offered rate is 10%?

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