Question: please answer both(: 13. (2 points) What would your payment be on a 20-year, OMR 150,000 loan at 14% interest compounded monthly assuming the payments
13. (2 points) What would your payment be on a 20-year, OMR 150,000 loan at 14% interest compounded monthly assuming the payments are made semi-annually? 14. (2.5 points) When you were born, your dear Aunt Muna promised to deposit OMR 700 into a savings account bearing a 5% compounded annual rate on each birthday, beginning with your first. You have just turned 21 and want the money. However, it turns out that dear (forgetful) Aunt Muna made no deposits on your fifth and eleventh birthdays. How much is in the account right now
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