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Find the future value at the end of 3 years of RM900 invested today at an interest rate of 20% Select one: a. RM1209.60 O
Find the future value at the end of 3 years of RM900 invested today at an interest rate of 20% Select one: a. RM1209.60 O b. RM864.00 O c. RM1152.00 O d. RM1555.20 What is the future value at year 3 of the following set of cash flows if the discount rate is 16%? Year 0 1 2 3 Cash flow (RM) 110 150 170 210 Select one: O a. RM725.84 O b. RM780.74 O c. RM897.69 O d. RM850.54 A chip supplier signs an 18 year contract worth RM500 million at year zero. Calculate the equivalent equal annual payments over the length of the contract, assuming an interest rate of 16% per year. Select one: O a. RM5.95 million b. RM85.95 million c. RM85.05 million O d. RM4.35 million
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