11. The decision-making functions of financial management are the crucial responsibilities of a financial manager. Discuss according to various types of decisions.
13. What are the key differences between proprietorships, partnerships, and corporations?
14. Mr. Hassan makes a deposit of $25,000 in a bank account. The deposit is to earn SIMPLE interest annually at the rate of 6% for TEN years. How much will Mr. Hassan have on deposit at the end of 10 years?
15. Mr. William wants to have $500,000 saved by the time he reaches the age of 60 and supposes that he is 40 years old today. If he can earn 7% on his funds, how much would he have to invest today to reach his goal?
16. Mr. Sayed wants to calculate the present value of an annuity of $15,000 received annually for 5 years when the discounting factor is 10%.
17. Complete the following, solving for the Present Value:
a) Case A: Future value = $525,000, interest = 10%, No. of years = ?
b) Case B: Future value = $500,000, interest = 5%, No. of years = 20
c) Case C: Future value = $15,000, interest = 4%, No. of years = 30
18. Mr. Abdelghader deposits $10,000 at the end of every year in an account that pays 4% interest, compounded annually. How much will he have at the end of 20 years? 30 years? 40 years?