Question: Question 4: Problem solving questions _(45 points) 1. What is the Future Value of 2500 KWD in a bank account that pays 15% monthly, for
Question 4: Problem solving questions _(45 points) 1. What is the Future Value of 2500 KWD in a bank account that pays 15% monthly, for 5 years? (22.5 Points) Show the working/ calculations to earn full grades 2. What is the Present Value of 8000 KWD in 3 years if bank pay 15% interest semi-annually? (22.5 Points) Show the working/calculations to earn full grades Bonus Question: _(10 Points) Find the present value of the following cash flows with 12% interest rate: year 1 2 3 4 Cash Flow 700 250 300 480
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