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Exercise Week 5 s29983
Exercise Week 5 s29983
SARAWAK CAMPUS
FACULTY OF HUMANITIES,
MANAGEMENT AND SCIENCE
BACHELOR OF HUMAN DEVELOPMENT, MANAGEMENT AND SCIENCE
SEMESTER 1 (2021/2022)
1
PV = FVn 𝑛
(1+i)
1
= 5500
1
(1+0.1)
= RM5500 (0.909)
= RM5000.00
QUESTION 2 a&b
FViF = P (1 + i)n
= 5555 (1 + 0.15)5
= 5555 (2.011)
= RM11173.09
FViF = P (1 + i)n
= 4321(1 + 0.07)2
= 4321 (1.145)
= RM4947.11
QUESTION 3
[(1+i)]n−1
FV = A
i
[(1+0.08)]15−1
= 3000
0.08
= 3000 (27.152)
= RM81456.34
[(1+i)]n−1
FV = A x (1+i)
i
[(1+0.08)]15−1
= 3000 x (1+0.08)
0.08
= 3000 (29.324)
= RM87972.84
QUESTION 4
nm (4 x 12 months = 48 months)
i [( 10 ) ÷ 12 = 0.008]
m 100
i nm
FV = PV [1 + ]
m
= 6000 [1 + 0.008]48]
= 6000 (1.466)
= RM8795.42