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MALS003 Module Overview hur x File C/Users/daisy/Desktop/MBL5903%20Module%20Overview%20 June%202020.pdf M 17 QUESTIONS 15 marks You are considering investing in each of the four investment opportunities described
MALS003 Module Overview hur x File C/Users/daisy/Desktop/MBL5903%20Module%20Overview%20 June%202020.pdf M 17 QUESTIONS 15 marks You are considering investing in each of the four investment opportunities described below. 6.1. Investment A: Invest a lump sum of R2 800 today in an account that pays 6% annual interest and leave funds on deposit for exactly 15 years. [3] 6.2. Investment B: Invest the following amounts at the beginning of each of the next five years in a venture that will earn 8% annually and measure accumulated value at the end of exactly five years. [4] Beginning of Year Amount R700 2 900 3 1 200 4 1 500 5 1 700 1 6.3. Investment C: Invest R1 100 at the end of each year for the next 10 years in an account that pays 10% annual interest and determine the account balance at the end of year 10. [4] Investment D: Make the same investment as in C, but place R1 100 in the account at the beginning of each year. 141 6.4 Required: For each of opportunity, determine the amount of money that you will have at the end of the given investment horizon BI e MALS003 Module Overview hur x File C/Users/daisy/Desktop/MBL5903%20Module%20Overview%20 June%202020.pdf M 17 QUESTIONS 15 marks You are considering investing in each of the four investment opportunities described below. 6.1. Investment A: Invest a lump sum of R2 800 today in an account that pays 6% annual interest and leave funds on deposit for exactly 15 years. [3] 6.2. Investment B: Invest the following amounts at the beginning of each of the next five years in a venture that will earn 8% annually and measure accumulated value at the end of exactly five years. [4] Beginning of Year Amount R700 2 900 3 1 200 4 1 500 5 1 700 1 6.3. Investment C: Invest R1 100 at the end of each year for the next 10 years in an account that pays 10% annual interest and determine the account balance at the end of year 10. [4] Investment D: Make the same investment as in C, but place R1 100 in the account at the beginning of each year. 141 6.4 Required: For each of opportunity, determine the amount of money that you will have at the end of the given investment horizon BI e
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