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Solve all questions accordingly. Q1. Given F= 4000, n=6, i=9% per year. The present value (P) is Format : 3676.3 Format Q2. If you
Solve all questions accordingly. Q1. Given F= 4000, n=6, i=9% per year. The present value (P) is Format : 3676.3 Format Q2. If you were to invest RM480 for two years, while earning 19% simple interest, what is the total amount of interest that you will earn? : 529.8 Q3. A chip supplier signs a 15 year contract worth RM440 million at year zero. Calculate the equivalent equal annual payments over the length of the contract, assuming an interest rate of 14% per year. Format : 52284000 4. What is the future value at year 3 of the following set of cash flows if the discount rate is 6%? Cash Flow Year 100 0 140 1 210 2 240 3 Format : 532 Q5. Feifei wants to buy her dream car, but short of RM 7000. If she could invest her entire savings of RM 2000 at an annual interest rate of 12%, how long would Feifei has to wait until she could accumulate enough money to buy the car? Format :85 Q6. Rose is planning her retirement and comes to the conclusion that she needs to save RM1842000 in 20 years. Rose can invest into a retirement account that guarantees a 2% annual return. How much does Rose have to put into her account at the end of each year to reach her retirement goal? Format : 92540 Q7. Gansen plans to get married in 10 years time. Gansen wants to have RM270000 by that time. His parents promised to give him RM43000 as a wedding gift on the wedding day. Given that Gansen could invest his annual deposit in an investment account with 8% annual return, how much should he save every year? Format : 54976
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