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Calculate the interest difference

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Reference no: EM132613811

Calculate the followings:

Question i. Which amount is worth more at 12%: BDT 361000 in hand today or BDT 742000 due in 9 years?

Question ii. Given that, PV is BDT 20500, n = 12 years and i = 11.5%. Calculate (a) FV; (b) Compound Interest; (c) Simple Interest and (d) Interest Difference

Question iii. You will get BDT 8500 in one year, BDT 14000 in two years and BDT 20500 in Five years in an account paying 12% interest per annum. What is the present value of these cash flows?

Reference no: EM132613811

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