Question
Time value of money course -------- 8- If you invested an amount of 6000 riyals today, what is the future value of the investment if:
8- If you invested an amount of 6000 riyals today, what is the future value of the investment if:
Investment for two years at an interest rate of 9%
Investment for 7 years at an interest rate of 12%.
9- If you have the option to receive an amount of 20,100 riyals after 20 years, or an amount of 870 riyals today, which options would you prefer if you knew that the leader is 17% annually?
10- If you are offered an amount of 105,000 riyals after 12 years, or 47,000 riyals today, which of the two options would you prefer if you knew that the fund rate is 8%? What is your decision if the amount of 105,000 you will receive after 9 years?
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