You acquired a loan for a new business venture valued at R150 000 at a rate of K per year, and you start paying it off with all profits that the business makes every year. You immediately (at time () make a R3 000 profit . This profit grows by R1 000 year on year for the next 7 years. From year 8 to year 19 the business venture's profits grew by 11% a year instead of R1 000. Also in year 8 your business partners require you to borrow another R40 000 which the business needs. You decided you will borrow the R40 000 also at a rate of K a year. After 19 years the business venture fails and you are forced to pay off the rest of the loan over the next 16 years. You pay a fixed amount each year starting in year 20. Interest rate K = 8% D) [3] Draw a cash flow diagram of the situation described above D [4] What is the present value or NPV of the payments made from year o to the end of year 7? iii) [B] What is the NPV of the payments made from year 8 to the end of year 197 iv) (2] What is the NPV of the payments made from year 20 onwards? V) [2] What is the value of the yearly instalments from year 20 an onwards? You acquired a loan for a new business venture valued at R150 000 at a rate of K per year, and you start paying it off with all profits that the business makes every year. You immediately (at time () make a R3 000 profit . This profit grows by R1 000 year on year for the next 7 years. From year 8 to year 19 the business venture's profits grew by 11% a year instead of R1 000. Also in year 8 your business partners require you to borrow another R40 000 which the business needs. You decided you will borrow the R40 000 also at a rate of K a year. After 19 years the business venture fails and you are forced to pay off the rest of the loan over the next 16 years. You pay a fixed amount each year starting in year 20. Interest rate K = 8% D) [3] Draw a cash flow diagram of the situation described above D [4] What is the present value or NPV of the payments made from year o to the end of year 7? iii) [B] What is the NPV of the payments made from year 8 to the end of year 197 iv) (2] What is the NPV of the payments made from year 20 onwards? V) [2] What is the value of the yearly instalments from year 20 an onwards