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QUESTION 18 Calculate the future value (FV) of the following ordinary annuity deposits: (a): FV of Dhs. 200 at the end of five years at
QUESTION 18 Calculate the future value (FV) of the following ordinary annuity deposits: (a): FV of Dhs. 200 at the end of five years at a simple interest rate of 12% compounded annually. (2 marks) (b): FV of Dhs. 200 at the end of five years at compounded interest rate of 12% compounded annually. (3 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S V Arial V Paragraph 10pt A ill
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