0. a) A requires Rs.20000 at the beginning of each year from 2025 to 2029.How much should he deposit at the end of each year 2015 to 2020? The interest rate is 12%. b) A bank offers an interest rate of 8% on deposits made with it. If the compounding is done on weekly basis, what is the effective interest rate? Use the time value tables if required..
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