Question: Pls answers all the question by showing the solution. 1. Amy has to borrow RM 60,000 from a bank to start her degree in USA.


Pls answers all the question by showing the solution.
1. Amy has to borrow RM 60,000 from a bank to start her degree in USA. The bank charges her an interest rate of 4%. Find the end of year annual payments if she wants to settle debt with bank within 10 years after start her education. 2. How much you save every month for 2.5 years if you want to have RM 100,000 in bank account that pays 12% interest compounded monthly? 3. If En. Muiz just bought a new Perodua Myvi worth RM 60,000 and took a loan from MAYBANK that requires 10% down payment. Determine the amount of annual installment @ payment if the bank charge 5% interest and En. Muiz is planning to settle the entire loan within 7 years. 4. A local bank is offering 8% quarterly interest on saving accounts. If you deposited RM 7,000 today, how much will you have in two years? 5. How much should Ms. Maisarah deposit today in a bank account that paying 12% interest if she wants to withdraw RM2,000 yearly at the end of each year for three years? 6. Which of the following will you choose if you are offered? a. Receive RM 1,000 today b. Receive RM 10,000 in year 12 c. Receive RM 25,000 in year 25 Given the interest rate is 11%. 7. Taft Technologies has the following relationships: Annual sales Current liabilities Days sales outstanding (DSO) (365-day year) Inventory turnover ratio Current ratio RM1,200,000.00 RM 375,000.00 40.00 4.80 1.20X The company's current assets consist of cash, inventories, and accounts receivable. How much cash does Taft have on its balance sheet? 8. Bonds with a par value of RM1,000 were issued by KEE Company and have another 15 years before maturity. The coupon rate promised is 5 percent per year, paid twice a year. The market interest rate is 6 percent. What is the present market value of this bond? 9. A government bond with a face value of RM1,000 and a coupon rate of 11% p.a. matures in 3 years. Coupon payments occur twice each year and a payment has just been made. If the current market yield on the bond is 13% p.a., what is the current price of the bond? 10. A RM1,000,000 coupon bond mature in 10 years has a coupon rate of 8.25 percent and the rate of return is 7.5 percent compounded annually. Calculate the price of this bond and what can you say on the value of the bond, premium? Par? Or Discount
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
