Shahed wants to receive a retirement amount $5,070,000 at the end of 36 Years from now. If The Vanguard Group, Inc. assure the growth rate of 9.99 percent compounded annually, and BlackRock, Inc. - an American multinational investment management gives the growth of 10.99 percent compounded. How much more amount to be deposited by Shahed, if she opts BlackRock for her investment? 

2. On 1^st October 2014 Reem has deposited $ 3,850,000 at ENBD which pays @ 4.79 percent Interest compounded annually. How much amount will be in her account at the end of 31^st December 2021?

3. Ahmed has a savings amount of $ 1,555,000. He wants to deposit in the bank for Interest earnings for 15 Years.

Ahmed has the following two investment options:

                                                                                       a)Standard Charted Bank pays 8.99 percent simple interest 

                                                                                       b)HSBC pays @ 7.99 percent interest compound annually.

Which will be the BEST INVESTMENT OPTION to Ahmed? Illustrate your answer with calculations.

4. On January 2021 - Dana has purchased a Car for $ 690,000 and she has paid $ 190,000 down payment. She has taken a Car loan @ 3.29 percent flat interest for 4 Years from FAB.

How much will be Dana's EMI?

5. Lana wants to have $ 5,350,000 saved 10 years from now to buy a house. How much less does she have to deposit today to reach this goal if she can earn 9.5 percent rather than 9 percent on her savings? (Interest rate will be compounded annually)