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ScotlandApplications of MathematicsQuick questions
Finance
Quick questions on Present and future value - SQA Higher Applications of Maths
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Find the value of after years at compounded annually. [2 marks]
What is q2?Show answer
How much must you invest now at annual to have in years? [2 marks]
What is q3?Show answer
A nominal rate is compounded monthly. Find the effective annual rate. [2 marks]
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