3.2. Ms. Maria wants to invest a lump sum with Numpost from 1 September 2016. She is informed that she would earn 8% per year on her investment. She is considering this investment so that she pays for the University meal fees of her son for the next four years. How much should Ms Maria set aside today so that she would be able to afford the son's meal fees if the University gave the estimated meal fees as follow Period Cash Flow 1 September 2017 NS 18,000 1 September 2018 NS 19.800 1 September 2019 NS 21,780 1 September 2020 N$ 23,958 151 3.3. What is the value of the following set of cash flows today? The interest rate is 8% for all cash flows. [10] Cash Flow 300 Year Exactly one year from today Exactly two years from today Exactly three years from today Exactly four years from today Exactly five years from today 500 700 1,000 1,250