Question: 3.What is the difference between R2000 invested at 12% per annum compounded interest for one year, interest is calculated semi-annually and interest is calculated monthly?
3.What is the difference between R2000 invested at 12% per annum compounded interest for one year, interest is calculated semi-annually and interest is calculated monthly?
4. The present value of expected future net cash inflows of an investment is expected to total R660000. If the initial investment is R600000, what is the the profitability index ?
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Answer 3 Compounding n 2 Effective annual rate EAR 1200 Effctive periodic rate 1EAR1n1 1121... View full answer
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