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Financial Maths Section 5.1 Solutions

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Financial Maths

Section 5.1

P = Principal = Present value

F = Future Value

I = Interest = A - P

i = Rate of interest

t = Time (no. of time intervals on which interest is added)

Compound Interest

F = P(1+ i)t

Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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from Q.3

%

decimal

%

decimal

%

decimal

Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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Financial Maths Section 5.1 Solutions

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difference

Difference in future values?

Financial Maths Section 5.1 Solutions

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Separate question into "years 1 and 2" and "years 3 to 5".