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Solve woth full steps in word no excel 1. Calculate the future value of an ordinary annuity with BD110 monthly payments at 2% annual interest
Solve woth full steps in word no excel
1. Calculate the future value of an ordinary annuity with BD110 monthly payments at 2% annual interest for 17 years. 2. Ahmed invests BD 2 million into an annuity for his retirement. The annuity returs 3% interest rate is at 5% compounded annually. How long will it take BD7000 to accumulate to 8022000 if the 3. If a principal of BD4000 earns compound interest semi-annually of BD1220 in 8 years, calculate the interest rate, is it in effect? 4. Find the interest and final amount on BD1600 at 9% simple interest for 18 years. 5. Khalid had BD 500 in his account by the beginning of 96 months. How much should he pay interest as a future value to the bank paying 5% semi-annually? 6. Calculate the future value of an ordinary annuity with BD460 semi-annually payments at 11% annual interest for 780 daysStep by Step Solution
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