Question: Do question a and b 4. Hogan has deposited Ko, 900 into a BSP Term Deposit Account, ESP pays interest at the rate 905 per

Do question a and b

4. Hogan has deposited Ko, 900 into a BSP Term Deposit Account, ESP pays interest at the rate 905 per year Required: Calculate the amount of interest that will be earned over 12 years period, (8 Marks) a) if the interest is simple. (3 Marks) the interest is compounded semi-annually.

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