1)Calculate the present value of 2020000000 at 9 percent interest rate for 4 years when...
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Finance
1)Calculate the present value of 2020000000 at 9 percent interest rate for 4 years when the interest rate is compounded -
i) Semi-annually and ii) Quarterly
2) Shanto is a student of NSU. He has a great desire to buy a motorbike after 5 years. For fulfilling his dream, he is depositing BDT 4000 at the beginning of each month out of his income from tuition. If the interest rate is 6.5% then how much will it be after 5 years.
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