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Question Three: Problem solving 55 points 1. What is the Future Value of 2500 KWD in a bank account that pays 15% monthly, for 5
Question Three: Problem solving 55 points 1. What is the Future Value of 2500 KWD in a bank account that pays 15% monthly, for 5 years? (14 points) Show the working/calculations to earn full grades 2. What is the Present Value of 8000 KWD in 3 years if bank pay 15% interest semi-annually? (14 Points) Show the working calculations to earn full grades 3. Find the Total Future Value of the following Cash Flows, with the annually interest rate 10%. (27 Points) (Hint: Support your answer with the certain calculation using EQUATION- FORMULA) Copyrights American College of the Middle East, 2020 Year 1 2 3 Cash Flows 2,000 2,500 1,800 Bonus Question: (5 Points) Find the present value of the following cash flows with 12% interest rate: year 2 4 Cash Flow 700 3 300 250 480 Question Three: Problem solving 55 points 1. What is the Future Value of 2500 KWD in a bank account that pays 15% monthly, for 5 years? (14 points) Show the working/calculations to earn full grades 2. What is the Present Value of 8000 KWD in 3 years if bank pay 15% interest semi-annually? (14 Points) Show the working calculations to earn full grades 3. Find the Total Future Value of the following Cash Flows, with the annually interest rate 10%. (27 Points) (Hint: Support your answer with the certain calculation using EQUATION- FORMULA) Copyrights American College of the Middle East, 2020 Year 1 2 3 Cash Flows 2,000 2,500 1,800 Bonus Question: (5 Points) Find the present value of the following cash flows with 12% interest rate: year 2 4 Cash Flow 700 3 300 250 480
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