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You are called upon to do the following: 1. Calculate the two EAV options and choose the best one. 2. Calculate monthly deduction of each

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You are called upon to do the following: 1. Calculate the two EAV options and choose the best one. 2. Calculate monthly deduction of each employee under the two options 3. Calculate the accumulated maturity value per year inclusive of compounded quarterly interest. 4. Calculate the EAV differential borne by the company a. on annual basis b. over the tenor. Hints for developing the solution A. Develop loan amortization tables for 1 person for both loan options B. Deduct the appropriate employer contribution in annual value [eav }and divide by 12 to get monthly emi

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