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WebThe initial amount deposited includes a premium of 11,000 for scheme one, which shall not be invested, and scheme II, which is a premium of 25,000, which shall not be invested. Life Insurance covers the benefit of 1000,000, whereas the medical scheme covers the benefit of 700,000. You are required to evaluate the benefits of the scheme. Solution WebFirst of all, determine the initial amount that is to be invested as a lumpsum amount. Now, Compound the initial amount either monthly, quarterly, semi-annually, or annually by the rate of interest until the … grand theft auto san andreas hd building mods
Savings Calculator Calculate Total Savings of …
WebBy entering your initial investment amount, contributions and more, you can determine how your money will grow over time with our free investment calculator. ... You can … WebApr 9, 2024 · Fortunately for you and your business, there's a straightforward, time-tested formula to determine your return on investment: Simply divide your net profit by your total assets. For instance, if your net profit was $50,000 this year and your total assets are $200,000, your ROI comes out to 0.25, or 25 percent. WebMar 20, 2024 · In finance, the Rule of 72 is a formula that estimates the amount of time it takes for an investment to double in value, earning a fixed annual rate of return. The rule is a shortcut, or back-of-the-envelope, calculation to determine the amount of time for an investment to double in value. The simple calculation is dividing 72 by the annual ... grand theft auto san andreas free play