Question: Answer each question 5 Answer each question ) (5 ) a- 1,000 has be loaned at the interest rate of 2.5%, find the amount for

Answer each question

Answer each question 5 Answer each question ) (5 ) a- 1,000

5 Answer each question ) (5 ) a- 1,000 has be loaned at the interest rate of 2.5%, find the amount for the period of 3 years, 6 months, 25 weeks, 190 days. (2marks) b- Find the present value of 25,000 at 6% discount rate for the 5-year compounded vearly semi-annually, quarterly and monthlv. (2marks) 1 5 Answer each question ) (5 ) a- 1,000 has be loaned at the interest rate of 2.5%, find the amount for the period of 3 years, 6 months, 25 weeks, 190 days. (2marks) b- Find the present value of 25,000 at 6% discount rate for the 5-year compounded vearly semi-annually, quarterly and monthlv. (2marks) 1

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