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solve this asap Lama has a savings amount of AED 1,555,000. she wants deposit into the bank for Interest Income for 12 Years. Lama has

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Lama has a savings amount of AED 1,555,000. she wants deposit into the bank for Interest Income for 12 Years. Lama has the following two investment options: a) Standard Charted Bank pays 9.77% Simple Interest b) HSBC pays @ 8.99% Compound Interest Which will be the BEST INVESTMENT OPTION to Mahdi? WHY? (2 Marks) 6. Khawla wants buy her dream Villa for AED 15,000,000 at the end of 17 Years from Now. Bank of New York Mellon currently pays @ 11.99% growth percentage. How much amount to be invested by Khawla today to reach her financial goal of dream villa? (2 Marks) 7. On January 2021 - Soud has purchased a Car for AED 505,000 and she has paid AED 85,000 down payment. He has taken a Car loan @ 2.89% flat interest for 4 Years from ADCB. How much will be Soud's EMI? (2 Marks)

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