FIN3704 Assignment 5 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED

FIN3704
Assignment 5 Semester 2 2024
Unique #:
Due Date: 15 October 2024



Detailed solutions, explanations, workings
and references.

+27 81 278 3372

, QUESTION 1

a.

Present
Period Cashflow Future Value Value

1 45,000.00 69,238.08 41,284.40

2 40,000.00 56,463.26 33,667.20

3 35,000.00 45,326.02 27,026.42

4 30,000.00 35,643.00 21,252.76

5 25,000.00 27,250.00 16,248.28

TOTAL 233,920.36 139,479.07


FORMULAS




b.

Present
Period Cashflow Future Value Value

1 20,000.00 30,772.48 18,348.62

2 30,000.00 42,347.45 25,250.40

3 35,000.00 45,326.02 27,026.42

4 40,000.00 47,524.00 28,337.01

5 45,000.00 49,050.00 29,246.91

TOTAL 215,019.94 128,209.37




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