Question: Present Value: 1 . Assume that you need Tk 2 0 0 0 after 2 years. Your bank compounds interest at an eight percent annual

Present Value:1. Assume that you need Tk 2000 after 2 years. Your bank compounds interest at an eight percent annual rate. How much you need to deposit now to have a balance of Tk 2000.2. Your Father committed you to present a computer after 5 years. Then the time the computer will cost Tk.45,000. If bank interest rate is 12% then b.w much money your father needs to deposit now for fulfilling his commitment?3. You have a machine in your business. The expected life of this machine is 8 years. After that it should be replaced by another one. To replace it you will need approximately Tk 72000.How much should be deposited now to accumulate the required funds if bank interest rate is 10% per annum
compounded monthly.

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