Reference no: EM132699137
a). i Mutale with the intention of raising appropriate funds in 2025, deposited K50million in an account, paying a nominal rate of 6%, compounded semi-annually, in 2016. What would this amount be in 2025?
ii J. Mumba wishes to buy a K68 million worth of an item in 10 years from now, how much should he put aside in a bank account paying nominal rate of 4% on a 1 year deposit?
b)i. You have just received a notification that you have won K8000000, second prize in a local lottery. The prize will be paid to you on your 30th birth day. Your current age is 25 years. What is this prize today if the required rate of return is 10%?
ii. Determine the present value of annuity of K 3000 to be received at the end of each year for 15 years when the discount rate is 8%.
iii. Determine the present value of an annuity of K 5000 received at the beginning of each year for 10 years at the required rate of return of 10%.
c). J. Kamanga obtained a K60 million loan from a reputable local financial institution payable in five years at a nominal rate of 10%. The loan was obtained for the purpose of expanding his exploits in agriculture. The loan agreement required Kamanga to make five equal annual instalments, each instalment consisting both the principal and interest elements. Find an Amortization Schedule, using the time value of money (TVM) approach.
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Find out the net present value of the investment
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Discuss why spoofing can be so difficult to discern
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How would you develop a realistic plan to help the patient
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What is the total cost to be capitalized
: Extra Corporation is installing a new plant at its production facility. Purchase price of plant P2, 500,000. What is the total cost to be capitalized
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Determine the present value of annuity of k
: Determine the present value of annuity of K 3000 to be received at the end of each year for 15 years when the discount rate is 8%.
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Find two or three articles in library that encompass
: Find two or three articles in the library that encompass one of the following marketing topics. Devise your own story that fits in one of the categories listed.
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Prepare journal entries to record transaction for village
: Purchase orders were filled in the amount of $1,436,500. The invoice amount was $1,443,000. Prepare journal entries to record transaction
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Record all the journal entries required for the transactions
: Using the deferral method of accounting, record all the journal entries required for the above transactions for the year ended November 30, 2020
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Prepare changes in fund balance for the capital projects
: Make the Statement of Revenues, Expenditures and Changes in Fund Balance for the Capital Projects and Debt Service Funds.
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