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Compute what interest rate is he being charged

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Question 1: The sales revenue of Kam Chan Limited for 2014 is $100 million. The CEO talked to the sales director in December of 2014. The board has set a target of $400 million for 2019 and expects that there should be stable annual growth of sales over the 5 years period. What should be the annual growth rate for Kam Chan Limited? (no decimal place is required)

Question 2: PAK Limited borrowed a loan $1,000,000 for 30 years, the annual repayment amount is $124,143.4. What interest rate is he being charged?

Question 3: PAK Limited provided a loan $2,000,000 to its subsidiary JEL Limited for 5 years which is interest bearing. The annual interest rate is 15% (compound interest method), the interest and the principal will be repaid on the due date. How much should be repaid by JEL Limited on the due date?

Question 4: What is the present value of a $100 perpetuity if the interest rate is 6%? (no decimal place is required)

Reference no: EM132494055

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