Question: (b) Answer the following questions: (1) Determine the present value of $9.000 received each year for a period of five (5) years, interest paid quarterly

(b) Answer the following questions: (1) Determine the present value of

(b) Answer the following questions: (1) Determine the present value of $9.000 received each year for a period of five (5) years, interest paid quarterly at the rate of 15% p.a. (2 Marks) (1) Use excel model to compute the total production units indicated in a company's production budget if the total estimated sales for the coming year are 175,000 units, estimated inventory at the beginning of the year is 18,000 units, and the desired inventory at end of the year is 21,000 units. (2 Marks) 3

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