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(7) Given that the YP in perpetuity at 10% deferred 24 years is 1.0, calculate the amount of HK$1 for 24 years at 10%. (10

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(7) Given that the YP in perpetuity at 10% deferred 24 years is 1.0, calculate the amount of HK$1 for 24 years at 10%. (10 marks) (8) Using 10% basis, what is the result of investing HK$1 at the end of each year for 10 years, followed by HK$2 at the end of each year for the following 10 years? (10 marks)

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