(a) Mr. Talukder retired very recently receiving 70% lump sum of his total retirement payment of 5 Million taka of which 60% he invested in a bank against the following cash-inflows: Year-End Amount 1 165000 2-5 200000 6-9 350000 10 450000 Use a known method to identify if he made the right decision or not. Also, compute his total profit/loss for this investment.

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
6th Edition
ISBN:9781337117005
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter4: Managing Your Cash And Savings
Section: Chapter Questions
Problem 8FPE: DETERMINING THE RIGHT AM OUNT OF SHORT-TERM, LIQUID INVESTM ENTS. Leo and Ava Bryant together earn...
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(a)
Mr. Talukder retired very recently receiving 70% lump sum of
his total retirement payment of 5 Million taka of which 60%
he invested in a bank against the following cash-inflows:
Year-End
Amount
1
165000
2-5
200000
6-9
350000
10
450000
Use a known method to identify if he made the right decision
not.
Also,
сompute
his
total
profit/loss
for
this
or
investment.
(b)
Mr. X is about to be a Billionaire receive a payment of $1B
for
the
investment
he
made
20
years
ago with 19% APR
compounding semi-weekly. Compute the big investment he made
all these years ago.
Transcribed Image Text:(a) Mr. Talukder retired very recently receiving 70% lump sum of his total retirement payment of 5 Million taka of which 60% he invested in a bank against the following cash-inflows: Year-End Amount 1 165000 2-5 200000 6-9 350000 10 450000 Use a known method to identify if he made the right decision not. Also, сompute his total profit/loss for this or investment. (b) Mr. X is about to be a Billionaire receive a payment of $1B for the investment he made 20 years ago with 19% APR compounding semi-weekly. Compute the big investment he made all these years ago.
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