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UNIVERSITY PUTRA MALAYSIA BINTULU

SARAWAK CAMPUS
FACULTY OF HUMANITIES,
MANAGEMENT AND SCIENCE
BACHELOR OF HUMAN DEVELOPMENT, MANAGEMENT AND SCIENCE
SEMESTER 1 (2021/2022)

ACT3211-101: FINANCIAL MANAGEMENT (PENGRUSAN KEWANGAN)

INDIVIDUAL ASSIGNMENT: WEEK5 (COMPOUNING/ACCUMULATED)

NAME : SINORITA ANAK TENGGAI


MATRICS NUMBER : S29983
LECTURER : DR. SHAIRIL IZWAN BIN TAASIM
SUBMISSION DATE : 18 NOVEMBER 2021
QUESTION 1

General Future Value equation for Present Value:

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

Future Value of Ordinary Annuity (FVOA)

[(1+i)]n−1
FV = A
i
[(1+0.08)]15−1
= 3000
0.08
= 3000 (27.152)
= RM81456.34

Future Value of Annuity Due (FVAD)

[(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

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