Question: Calculate Total Future Value if the cash flows for the 5 years are as: Year 0 = $50,000 with no cashflow at year 3,Year 1
Calculate Total Future Value if the cash flows for the 5 years are as: Year 0 = $50,000 with no cashflow at
year 3,Year 1 and Year 2 = 16,500, Year 4 and Year 5 = 20,500. The discount rate is 12%.
question 2 Albeik Bank is paying 4% rate with annual compounding. Bank Js is paying 3.5% with daily compounding. Being a depositor which bank would you choose and why?
Single choice.
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