D'Hidang borrowed RM50,000 today that he must repay in 15 annual end-of-year installments of RM5,000. What annual interest rate is D'Hidang paying on his loan?

Select one:

a. 5.556%.

b. 3.333%.

c. 2.222%.

d. 33.33%.

You plan to go to Indonesia to visit friends in three years. The trip is expected to cost a total of RM10,000 at that time. Your parents have deposited RM5,000 for you in a Certificate of Deposit paying 6% interest annually, maturing three years from now. Uncle Lee has agreed to pay for all remaining expenses. If you are going to put Uncle Lee's gift in an investment earning 10% over the next three years, how much must he deposit today, so you can visit your friends three years from today?

Select one:

a. $3,345

b. $3,039

c. $3,757

d. $5,801

As the finance manager, you are considering a proposed investment that requires RM160,000; with annual cash inflows of RM40,00; discount rate of 10% and period of 6 years. Calculate the payback period the proposed investment.

Select one:

a. 4 years

b. 5 years

c. 3 years

d. 0.25 years

Ad-Din Berhads Balance Sheet ending December 2017 showed the total assets as RM5,400,000 and cash as RM135,000. The Pro Forma Balance Sheet ending December 2018 estimated the total assets to increase by 6% and cash to increase in proportion to total assets (similar % in 2017). What will be the change in cash account between 2017 and 2018 (as shown in the Pro Forma Statement of Cash Flow for 2018).

Select one:

a. RM8,100

b. RM8,300

c. RM8,200

d. RM8,000

What is the present value of an annuity of RM4,000 received at the beginning of each year for the next eight years? The first payment will be received today, and the discount rate is 9% (round to nearest RM1).

Select one:

a. RM36,288

b. RM35,712

c. RM24,132

d. RM25,699