1.

Jonathan borrowed some amount from a bank at a rate of 7% per annum

compounded annually. If he finished paying his loan by paying $6,500 at the
end of 4 years, then what is the amount of loan that he had taken?

2. Mia invested some amount in a bank where her amount gets compounded
daily at 5% annual interest. What is the amount invested by Mia if the amount
she got after 10 years is $1,650?

3. Josie borrowed some amount from a bank at a rate of 5% per annum

compounded annually. If she finished paying her loan by paying $4,500 at the
end of 4 years, then what is the amount of loan that she had taken?

1. Mr. Mohammad Ali has received a job offer from a large investment bank
as an accountant. His base salary will be $35,000 constant to date of
retirement. He will receive his first annual salary payment one year from the
day he begins to work. In addition, he will get an immediate $10,000 bonus
for joining the company. Mr. Ali is expected to work for 25 years. What is the
present value of the offer if the discount rate is 12 percent?

2. Mr. Khaild will receive $8,500 a year for the next 15 years from her trust. If
a 7 percent interest rate is applied, what is the current value of the future
payments if first receipt occurs today?