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Q 4 i ) 3 , 5 0 0 was invested for 5 years at 4 % . Find the future amount if interest is
Q i was invested for years at Find the future amount if interest is compounded
a Annually
b Semi annually
c Quarterly
d Monthly
e Daily
ii Equipment had an initial value of and was expected to last years.
a Using the straight line method find the annual depreciation if the scrap value is
b Using the reducing balance method find the deciated value if rate of depreciation is
iii a project has an initial outlay of and has the following projected cash flows:
Year Cash flow
Evaluate the project under
a Pay back method
b Average rate of return
c Net present value using interest rate of
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