1) PAK Limited provided a loan $2,000,000 to its subsidiary JEL Limited for 5 years which is interest bearing. The annual interest rate is 15% (compound interest method), the interest and the principal will be repaid on the due date. How much should be repaid by JEL Limited on the due date? (20 marks)

2) What is the present value of a $100 perpetuity if the interest rate is 6%? (no decimal place is required)

3) The sales revenue of Kam Chan Limited for 2014 is $100 million. The CEO talked to the sales director in December of 2014. The board has set a target of $400 million for 2019 and expects that there should be stable annual growth of sales over the 5 years period. What should be the annual growth rate for Kam Chan Limited? (no decimal place is required) (20 marks)

4) PAK Limited borrowed a loan $1,000,000 for 30 years, the annual repayment amount is $124,143.4. What interest rate is he being charged? (20 marks)