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  3. [a] find the values for the following questions: (

[A] Find the values for the following questions: (i) The Future value of 500 OMR...

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Accounting

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[A] Find the values for the following questions: (i) The Future value of 500 OMR compounded for 2 years at an interest rate of 6 percent annually. (2 marks) The present value of 500 OMR that is to be received in 1-year time at a discount rate of 6 percent. (2 marks) (iii) The present value of 500 OMR that is to be received in 2 years' time at a discount rate of 6 percent (2 marks) ANSWER [B] Which of the two situations below will result to a larger future value? Show your calculations (i) $1000 invested for 2 years at 10 percent interest each year compounded annually, or (2 marks) $1000 invested for 2 years at 5 percent interest for the first year and 15 percent interest for the second year (2 marks)

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