Telegram group: T.me/BBCNOUN [MTH106] The interest if a loan of NGN300 is borrowed for 2 years at a rate of 5%. NGN30 [MTH106] Suppose NGN2000 at an annual rate of 6% is invested. The balance at the end of 1 year of interest is compounded semiannually. NGN2121.80 [MTH106] ___________ annuity payments are required at the end of each period. Ordinary [MTH106] A fund into which a company sets aside money over time, in order to retire its preferred stock, bonds or debentures is known as _____ funds. sinking [MTH106] A ________ is an annuity for which payments continuous forever. Perpetuity [MTH106] Under US and ISA GAAP, the statement of cash flow can be presented by means of ______ ways. 2 [MTH106] The movement of money into or out of a business, project or financial product is known as __________ flow. Cash [MTH106] _______ annuities are invested primarily in government securities and high grade cooperate bonds. Fixed [MTH106] The fee charges for the privilege of borrowing money is known as ______ . Interest [MTH106] The period value of a 5 year annuity with nominal annual interest rate 12% and monthly payments is USD100 is USD____________ . 4495.5