Question 4 An investment of R35 000.00 in a business promises the following cash inflows at the end of the following years: Year 5 6 7 8 Cash flow R13 000.00 R14 000.00 R15 000.00 R16 000.00 If the discount rate is 6% compounded semi-annually, determine the net present value. Question 5 Mr X wants to triple his money using a savings account. Determine the following. 5.1 What nominal rate is required if the money is left in the account for 15 years if the interest is compounded daily. 5.2 For how many years must the money be left in the account if the interest is 5% per year, compounded continuously. 5.3 For how many days must the money be left in the account if the interest is 6.5% per year, compounded daily