Question: IMPORTANT: PLEASE SAVE ALL YOUR HAND CALCULATIONS IN A FILE SO THAT YOU CAN SUBMIT THEM IF REQUIRED BY THE LECTURER. Solve all questions accordingly,

 IMPORTANT: PLEASE SAVE ALL YOUR HAND CALCULATIONS IN A FILE SO

IMPORTANT: PLEASE SAVE ALL YOUR HAND CALCULATIONS IN A FILE SO THAT YOU CAN SUBMIT THEM IF REQUIRED BY THE LECTURER. Solve all questions accordingly, Q1. Given F-4000, n-6, 1-3% per year. The present value (P) is Format: 3190 Format: 49.3 Q2. If you were to invest RM130 for two years, while carning 19% simple interest, what is the total amount of interest that you will carn? Q3. A chip supplier signs a 15 year contract worth RM510 million at year zeroA Calculate the equivalent cqual annual payments over the length of the contract, assuming an interest rate of 10% per year. 4. What is the future value at year 3 of the following set of cash flows if the discount rate is 8%? Format: 1606000 Year . 2 3 Format: 879 Cash Flow 120 160 210 250 Q5. Feifei wants to buy her dream car, but short of RM 8000. If she could invest her entire savings of RM 3000 at an annual interest rate of 12%, how long would Feifei has to wait until she could accumulate enough money to buy the car? Format: Q6. Rose is planning her retirement and comes to the conclusion that she needs to save RM1630000 in 30 years. Rose can invest into a retirement account that guarantees a 7% annual return. How much does Rose have to put into her account at the end of each year to reach her retirement goal? Format: 178428 07. Gansen plans to get married in 10 years time. Gansen wants to have RM270000 by that time. His parents promised to give him RM37000 as a wedding gift. Given that Gansen could invest his annual deposit in an investment account with 8% annual return, how much should he save every year Format: 72565

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