Question: Please answer this is the Fourth time I'm posting this question. Question 4:25 Marks The questions below pertain to time value of money. Show all
Please answer this is the Fourth time I'm posting this question.

Question 4:25 Marks The questions below pertain to time value of money. Show all calculations in completing the questions. No marks will be awareded for a answer only. A) For each of the above perpetuities, determine their respective present values. B) Melvin is a recent graduate. It has been his dream to explorethe African continent. He intends to do a lake tour in five years' time when he will visitLake Tanganyika, Lake Victoria, Lake Malawi, Lake Kivu and Lake Turkana. He estimates that he will need to buy a used Toyota (Land Cruiser 76) at R350 000that has a long-range fuel tank and dual battery system. He will also need an additionalR25 000 to pay for fuel and supplies. Melvin intends making equal annual payments into a bank account on which he can earn 9,25% interest compounded annually. - Determine the amount Melvin should pay annually to be able to undertake the tour in five years' time. The first payment will be made at the end of this year. - Instead of making equal annual payments, Melvin wants to make one lump sum payment, investing it at 9,25% interest compounded annually. What should this lump sum be? C) A bank is negotiating a loan. The loan can either be paid off as a lump sum of R100 000 after five years, or in equal payments at the end of each of the next five years. If the interest rate on the loan is 10%, what annual payments should be made so that both forms of payment are equivalent. D) Terry, a recent retailing graduate, plans to buy a house valued at R1,5 million.He has applied for a mortgage loan from his bank and has been requested to paya 20% deposit, with the balance financed at 9% over 20 years. What would his monthly mortgage repayment be? E) What is the effective annual rate for a credit card that charges 18%, compoundedmonthly? F) Calculate and determine which amount is worth more today if you can invest themoney at 9% compounded interest per annum. R10 000 today or
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