Question: only solve for D A. Define the term 'Ordinary Annuity'. (2 marks) B. Gaza Empire LLC is planning to borrow $1,800 000 as a six-

only solve for D only solve for D A. Define the term 'Ordinary Annuity'. (2 marks)

A. Define the term 'Ordinary Annuity'. (2 marks) B. Gaza Empire LLC is planning to borrow $1,800 000 as a six- year, 16% semi-annual payment, fully amortised loan. Prepare the loan amortisation schedule. (16 marks) c. In question (B) above, what percentage of the payment made at the end of the third year will represent repayment of principal? (3 marks) D. An investment pays 25% interest compounded quarterly. 1. What is the periodic rate of interest? (3 marks) . What is the nominal rate of interest? (1 mark) iii. What is the effective rate of interest

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