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1. A. Consider The Annuity Of 3800 RO Per Year At The End Of Every Year For (M+D) Years. If The Discount Rate Is Equal To (R+7) %, Find The Present Value Of Annuity At The End Of (M+D) Years? (8 Marks) B. Define Compound Interest. (2 Marks)

匿名用户 最后更新于 2021-12-01 19:16 数学类Mathematics

Please Solve the question in an easy and clearway

M = 7

D= 1

R= 3

1. a. Consider the annuity of 3800 RO per year at the end of every year for (M+D) years. If the discount rate is equal to (R+7) %, find the present value of annuity at the end of (M+D) years? (8 marks) b. Define Compound interest. (2 marks)

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