Q2 Table 2 shows cash flow information of business account with rate of return 10% per year. Determine the future value
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Q2 Table 2 shows cash flow information of business account with rate of return 10% per year. Determine the future value
Q2 Table 2 shows cash flow information of business account with rate of return 10% per year. Determine the future value at year 10. Table 2: Cash Flow Information of Business Account 0 Year Cash Inflow, RM per year Cash Outflow, RM per year 0 0 1 9,000 2,000 2 17,000 10,000 3 11,000 4,000 4 12,000 15,000 5 12,000 3,000 Year Cash Inflow, RM per year Cash Outflow, RM per year 6 20,000 11,000 7 16,800 7,800 8 14,450 5,450 9 0 10 0 0 11 0 0 0
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