1. What is the “New Right” and, more importantly, what were its major political factions?
2. You want to accumulate a 200.000 euros retirement fund and you plan to make the first deposit on March 1, 1984 and the last on September 1, 2005. Find the size of each deposit, if he makes the deposits
(a) semi-annually in a fund that pays 12.5% per annum compounded semi-annually
(b) monthly in a fund that pays 12.5 % per annum compounded monthly.
EXERCISE 2:
Your friend makes regular deposits of 500$ at the end of each half-year for 5 years and then $800 for the next 3 years. Find the accumulated value of her deposit if interest is at 11%