Deposits of 8000 are made every quarter to accumulate a fund at the end of 7 years.
A. What would be the value of the fund after the last deposit if the interest rate is 10% compounded semi-annually
B. What would be the value of the fund after the last deposit if the interest rate is 10% compounded quarterly?
C. What would be the value of the fund after the last deposit if the interest rate is 10% compounded bi-monthly?
D. What would be the value of the fund after the last deposit if the interest rate is 12% compounded monthly?
E. What would be the value of the fund after the last deposit if the interest rate is 12% compounded weekly?