Tirmelelt 357.02 Question 5 Not yet answered Marked out of 40.00 PARTII, PROBLEM SOLVING: (30 Marks) Direction: Read, understand and solve the following questions, (6x5=30 Marks) 1 F Flag question 2 3 5 6. Calculate the future value of an ordinary annuity with BD 2500 monthly payments at 5% annual interest for 4380 days How long will it tako BD 2200 to accumulate to BD SOCO the simple interest is at 7% interest rate? At what rate compounded quarterly wit BD 1000 become BD 7000 for 12 years Find the interest and final amount on BD 750 at 2% simple interest for 1680 days Mona wants to have BD 22000 in her account by the end of 15 years and 8 months. How much interest should she pay lockay in the bank paying 5% semiannually? Find the FV of an ordinary annuity with BD 130 annually payments at 2% annual interest for 252 months. Rubrics S Mark Choosing the correct formula, Clear and correct smos and Anal amriwer Mark Clear and Correct stops with wrong final answer 3 Merk Choosing the correct formula with Clear steps 2 Mark Choosing the correct formula with incomplete steps 1 Mark Choosing the correct formula or Corred final answer 0 Mark Wrond choosing of formula, wrong slops Tirmelelt 357.02 Question 5 Not yet answered Marked out of 40.00 PARTII, PROBLEM SOLVING: (30 Marks) Direction: Read, understand and solve the following questions, (6x5=30 Marks) 1 F Flag question 2 3 5 6. Calculate the future value of an ordinary annuity with BD 2500 monthly payments at 5% annual interest for 4380 days How long will it tako BD 2200 to accumulate to BD SOCO the simple interest is at 7% interest rate? At what rate compounded quarterly wit BD 1000 become BD 7000 for 12 years Find the interest and final amount on BD 750 at 2% simple interest for 1680 days Mona wants to have BD 22000 in her account by the end of 15 years and 8 months. How much interest should she pay lockay in the bank paying 5% semiannually? Find the FV of an ordinary annuity with BD 130 annually payments at 2% annual interest for 252 months. Rubrics S Mark Choosing the correct formula, Clear and correct smos and Anal amriwer Mark Clear and Correct stops with wrong final answer 3 Merk Choosing the correct formula with Clear steps 2 Mark Choosing the correct formula with incomplete steps 1 Mark Choosing the correct formula or Corred final answer 0 Mark Wrond choosing of formula, wrong slops