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please solve question 1 & bonus question all clear thankyou Questions 1: Time Value of Money (45 points) 1. What is the Future Value of
please solve question 1 & bonus question all clear thankyou
Questions 1: Time Value of Money (45 points) 1. What is the Future Value of 4000 KWD in a bank account with interest of 20% monthly, for 5 years? (15 Points) Show the working/ calculations to earn full grades Copyright American College of the Middle East, 2020 2. What is the Present Value of 9000 KWD in 4 years with 9% interest semi- annually? (15 Points) Show the working calculations to earn full grades 3. Find the Total Present Value of the following Cash Flows, with the annually interest rate 10% (15 Points) (Hint: Support your answer with the certain calculation using EQUATION- FORMULA) Year Cash Flows 1 2,400 2 2,100 3 2,700 Bonus Question: (5 points - each 1.25 points) 1. Corporation as a form of businesses with no government regulations Cop O htAmerican College of the Middle East, 2020 2. Present value concept states that an amount of money today is worth more than that same amount in the future. ( ) 3. Inflation is the process in which prices for goods and services is rising. O 4. Finance is concerned with preparation of financial statements ( ) Step by Step Solution
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