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(i)$ 100,000 p.a. paid every year for five years with the first payment paid at the end of the first year. (ii)$150,000 p.a. for six
(i)$ 100,000 p.a. paid every year for five years with the first payment paid at the end of the first year.
(ii)$150,000 p.a. for six years with the first payment paid at the end of the first year.
(iii)$2,000,000 at the end of the fifth year and $1,250,000 at the end of the 10th year.
(iv)A $20,000 deposit paid now plus $200,000 p.a. paid forever from the rental of the property. The first $100,000 is paid at the end of the first year.
Require rate of 12% p.a, provide PV of each with formula used and steps shown
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