Question 4 a) The numbers of guests (in hundreds) who checked-in to a popular resort for the duration of three years are shown in the following table: First Year 2019 2020 2021 Number of guests (hundreds) Quarter Second Third 87 62 111 74 135 98 Fourth 107 151 175 80 100 Using a suitable moving average method, find the trend values. (6 marks) (ii) Calculate the average quarterly variations using the additive model. (6 marks) (iii) Forecast the number of guests who check-in to the resort for the fourth quarter of the (3 marks) year 2022. b) Johnson takes a loan of RM600,000 from a bank. The bank charges an interest rate of 6,6% per annum compounded monthly. He agrees to repay his loan by making two equal payments at the end of the third year and the fifth year. Find the repayment amount. (4 marks) c) An international company is considering whether to invest in an offshore green project which was launched recently. The cash flows of the project is shown below: Cash Inflow (RM) Year 0 1 2 3 50,000 40,000 68,000 Cash Outflow (RM) 60,000 15,000 20,000 38,000 The company has a cost of capital of 12% per annum. Calculate the net present value of the project and advice the company on the course of action. (6 marks) Total: 25 marks