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Financial Management Assignment 3 Chapter 384 1. Find the future value of AED 10,000 at...

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Financial Management Assignment 3 Chapter 384 1. Find the future value of AED 10,000 at 8 percent compounded quarterly for 10 years. 2.Fatema would like to know the monthly payments and the total finance charges on the following 2 loans: i. AED 300,000, 10%, 36 months ii. ADE 300,000, 10%, 48 months 3. Nour will receive the following payments at the end of the next four years: AED 30,000, AED 20,000, AED 25,000 and AED 35,000 Then from the end of the fourth year through the end of the tenth year, she will receive an annuity of AED 30,000. At a discount rate of 10 percent, what is the present value of all future benefits? 4. Reem will receive a payment of AED 60,000 per year for 10 years beginning three years from today. At a discount rate of 6 percent, what is the present value of the expected payments? 5. Determine the amount of money in a savings account at the end of 12 years, given an initial deposit of AED 20,000 and 8 percent annual interest rate when interest is compounded (a) annually, (b) semiannually, and (c) quarterly

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