Question: 2020 (a) Mr. Ram Prasad invests S$1000,000 in a fixed deposit for 3 years with OCBC bank in Singapore The deposit will earn an

2020 (a) Mr. Ram Prasad invests S$1000,000 in a fixed deposit for 3 years with OCBC bank in Singapore The deposit will earn an interest of 7.5% per um annum Assume Quarterly compounding, what will be the value of Mr. Prasad's investment at the end of 3 years? 2023 (b) Mr. Mehul Shah has just purchased a Maruti Alto car for Rs. 520,000 from the Saboo car dealership in Nacharam, 150,000 in cash from his savings and financed the rest of the cost with a 4 year vehicle loan from ICICI bank that requires equal monthly payments at the end of each month over the next 4 years. What is the monthly payment amount on the loan if the interest rate is 10.5% per annum? end I purchase 2 What will 20 the end depo1381-8512 cost $20.000 from 1091 at th [2] (c) Distinguish and Hyde 85127-2029 Hyderabad. He paid Rs. perpetuity. [2] 7023/annuity vs per022mb21 What is 081-85127-2023/09/2 027mb21381-85127-24

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