Q2 Table 2 shows cash flow information of business account with rate of return 8% per year. Determine the future value at year 11. Table 2: Cash Flow Information of Business Account Year Cash Inflow, RM per year Cash Outflow, RM per year 3 13,000 13,000 | 12,000 | 12,000 | 12,000 4,000 4 5,000 5,000 4,000 4,000 10 11 Year Cash Inflow, RM per year Cash Outflow, RM per year 16,000 18,500 | 13,200 8,500 3,000 6,000 6,000 3,200
Q2 Table 2 shows cash flow information of business account with rate of return 8% per year. Determine the future value at year 11. Table 2: Cash Flow Information of Business Account Year Cash Inflow, RM per year Cash Outflow, RM per year 3 13,000 13,000 | 12,000 | 12,000 | 12,000 4,000 4 5,000 5,000 4,000 4,000 10 11 Year Cash Inflow, RM per year Cash Outflow, RM per year 16,000 18,500 | 13,200 8,500 3,000 6,000 6,000 3,200
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
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![Q2 Table 2 shows cash flow information of business account with rate of return 8% per year.
Determine the future value at year 11.
Table 2: Cash Flow Information of Business Account
2
13,000 13,000
5,000
3
Year
Cash Inflow, RM per year
Cash Outflow, RM per year
1
4
12,000 12,000 12,000
4,000
5,000
4,000
4,000
Year
6.
7
10
11
18,500 13,200
Cash Inflow, RM per year
Cash Outflow, RM per year
16,000
6,000
3,000
6,000
8,500
3,200](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1214d81d-e3cf-4af0-a04c-53218b3d1ca8%2F37f21bcc-8ba7-4dc3-9934-466dbba44dd1%2F80ol2ko_processed.png&w=3840&q=75)
Transcribed Image Text:Q2 Table 2 shows cash flow information of business account with rate of return 8% per year.
Determine the future value at year 11.
Table 2: Cash Flow Information of Business Account
2
13,000 13,000
5,000
3
Year
Cash Inflow, RM per year
Cash Outflow, RM per year
1
4
12,000 12,000 12,000
4,000
5,000
4,000
4,000
Year
6.
7
10
11
18,500 13,200
Cash Inflow, RM per year
Cash Outflow, RM per year
16,000
6,000
3,000
6,000
8,500
3,200
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