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with two issues in Annuities &Periodic interest Q1) Dareen deposited 2500 L.E in the Beginning of each 2 month for a period of 10 months
with two issues in Annuities &Periodic interest Q1) Dareen deposited 2500 L.E in the Beginning of each 2 month for a period of 10 months starting from the Beginning of 2018, thin she deposited 1500 L.E in the end of each 2 month for a period of next 10 months, & she withdraw 800 on the 10" & 20" of each month for the next 10 months. Calculate her account balance at the end of the time if the simple interest rate 12% for the depositing & withdrawing. Q2 : Khaled borrows 800.000 LE for 3 years at an interest rate 12% annually to be paid at the end of every 3 months. After he paid the first 6 periodic interests on time, he agreed with his creditor to postpone the payment of the rest of the periodic interest and the loan for 8 months after maturity date of the loan using a delay interest rate 16% annually. Find the actual rate of investment. Suppose that the creditor invested the periodic interest which paid on time with rate 20% annually. Find the actual rate of the investment that the creditor achieved on the loan? with two issues in Annuities &Periodic interest Q1) Dareen deposited 2500 L.E in the Beginning of each 2 month for a period of 10 months starting from the Beginning of 2018, thin she deposited 1500 L.E in the end of each 2 month for a period of next 10 months, & she withdraw 800 on the 10" & 20" of each month for the next 10 months. Calculate her account balance at the end of the time if the simple interest rate 12% for the depositing & withdrawing. Q2 : Khaled borrows 800.000 LE for 3 years at an interest rate 12% annually to be paid at the end of every 3 months. After he paid the first 6 periodic interests on time, he agreed with his creditor to postpone the payment of the rest of the periodic interest and the loan for 8 months after maturity date of the loan using a delay interest rate 16% annually. Find the actual rate of investment. Suppose that the creditor invested the periodic interest which paid on time with rate 20% annually. Find the actual rate of the investment that the creditor achieved on the loan
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