Solve the following (out of practice question already given)Simple interestQ1. Find the simple interest on Rs .2000 for 45 days at 10% per annum.Q2. How much should Mr Arif borrow from Mr Hanif so that he may have torepay Rs.4425 after 3 years if Hanif charges a simple interest rate 5%.Q3. Find the rate percent of interest , if the simple interest on Rs 21540 for 4 years9 month is Rs.5000Compound interestQ4.find the principle of Rs.255545.55 due at the end of 7 years at 6.2% rate ,compounded semi annually?Q5. Find the compound interest on Rs.8000 for 3 years at 5% per annum?Q6. Mr Aslam has invested Rs.25000 at 6% compounded annually what amountwould be received after 4 years.Q7. On a saving bank Bank A pays 3% interest compounded annually , while bankB pays 6% interest compounded semi annually on a deposite of Rs.2000 , howmuch more interest will be earned in 3 years at Bank B as compare to Bank A.Q8. Find the present value (PV) of Rs9628.20 due at the end of 8 years if money isworth 6% compounded semi annually?Ordinary annuitiesQ9. Find the amount of an ordinary annuity of five deposits of Rs 1000 each madeat the end of each year for 5 years . if the interest rate is 4% compounded annuallyQ10. Rs 800 a quarter for 5 years at 4% compounded quarterly.Q 11. Rs 100 a month for 5 years at 6% compounded monthly.Q12. A man invested Rs300 at the end of each month in a fund which pays 4%compounded semi annually . How much does he have just after the tenth deposits.Q13. Mr Khalid wishes to save money to take a trip . if he deposits Rs 150 at theend of each month for 24 months in an investment that pays 12% compoundedmonthly , how much will he have on deposits?Q14. Find the accumulated value of Rs 5000 invested at the end of each quarteryear for 5 years at 8% compounded quarterly.Annuity dueQ15. If a payment of Rs 500 is made today and a like payment each year for 5years, how much will be on deposits at the end of 4 years , if the interest rate is 5%compounded annually?Q16. On his fifty first birthday and each third month thereafter Dr Habib investedRs475 at 4% interest rate compounded quarterly. At the end of his fifty seven year,what was the amount on deposits?Present value of annuitiesQ17. What is a present value of an annuity of Rs1500 payable at the end of each6month period for 2 years if money is worth 8% compounded semiannually?Q18. Find the present value of an annuity of Rs100 paid at the end of each year for17 years , if the interest rate is 7% compounded annually?Q19. What is the present value of an annuity if the size of each payment is Rs 2000payable at the end of each quarter for eight years at an interest rate of 7%compounded quarterly?Q 1. Mr Sultan wishes to save money to take a trip . if he deposits Rs 100 at the endof each month that pays 6% compounded monthly, how much will he have ondeposits at the end of 5 years.Q 2 .Find the accumulated value of Rs 6000 invested at the end of each quarteryear for 7 years at 6% compounded quarterly.Q 3. Find the amount of an annuity due of Rs300 paid at the beginning of each 6month period for 6 years. If the interest rate is 8% compounded semiannually?Q 4. Emerson Cammark wishes to purchase an annuity contract that will pay him$7000 in a year for the rest of his life. The Philo life insurance company figuresthat his life expectancy is 20 years, based on its accuracy table. The companyimputes a compound annual interact rate of 6% in its annuity contract.a. How much will Cammark have to pay for the annuity?b. How much would he have to pay if the interest rate were 8%?

Q 1. Mr Sultan wishes to save money to take a trip . if he deposits Rs 100 at the end of each month that pays 6% compounded monthly, how much will he have on deposits at the end of 5 years. Q 2 .Find the accumulated value of 1% 6000 invested at the end of each quarter year for 7 years at 6% compounded quarterly. Q 3. Find the amount of an annuity due of R5300 paid at the beginning of each 6 month period for 6 years. If the interest rate is 8% compounded semiannually? Q 4. Emerson Cammark wishes to purchase an annuity contract that will pay him $7000 in a year for the rest of his life. The Philo life insurance company gures that. his life expectancy is 20 years, based on its accuracy table. The company imputes a compound annual interact. rate of 6% in its annuity contract. a. How much will Cammark have to pay for the annuity? b. How much would he have to pay if the interest rate were 8%