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1. A construction company is starting a project, in year 2020. It borrows 300000 Riyals from Bank, immediately. In in the following years 2020-2023, the
1. A construction company is starting a project, in year 2020. It borrows 300000 Riyals from Bank, immediately. In in the following years 2020-2023, the company will receive rental payments as shown in Table 1. COMPLETE THE TABLE and calculate THE DISCOUNTED PAYBACK PERIOD, by plotting the PROJECT BALANCE vs TIME (in years). 2021 2022 2023 2020 -300000 0 3.00 % 3.00% 3.00% TABLE 1 END YEAR CASH AVAILABLE INTEREST CHARGE RENTAL FEES PROJECT BALANCE 0 200000 800000 600000
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