Question: Please the answer to questions are not corresponding to the formula as per my own calculation.Kindly cross-check it again. 1. Calculate the value of 50,000

Please the answer to questions are not

Please the answer to questions are not corresponding to the formula as per my own calculation.Kindly cross-check it again.

1. Calculate the value of 50,000 due in 4 years at an interest rate of 12% per annum compounded monthly. 2. Calculate the present value of 49,158.60 due in 5 years at an interest rate 10% per annum compounded quarterly. 3. Determine how much money should be deposited in a bank that pays interest at the rate of 6% per year compounded monthly so that at the end of 3year the accumulated amount will be 20,000

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