Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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hi there tutors! im here to cure my doubts.
i hv ques to ask. please helo solve.
fundamentals of finance
state fornula needed for each then calculate
Required:
- Cash flow X has streams of cash flow of RM1,350 per year indefinitely. With 14% interest rate, what is the current amount?
- Damak’s cash in the bank has multiplied to as much as RM2,050.11 after 1 year. Assuming the interest rate is 5% compounded monthly, what is the interest earned?
- Koh was examining an investment that will to pay RM150 at the end of each year for the next 8 years. If Koh wants to earn 8% annually on his money, how much would he pay for this
annuity ? If the payment is made at the beginning of each year, how much would he contribute then?
thats all. tutor, i hope for correct & precise calculations. thank you!
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