NUMBER 3

 Danny gets dividends from the investments he made in several companies amounting to Rp. 5,000,000,000; he plans to invest the money for 5 years by depositing it in one of the state-owned banks.


 Assuming a deposit interest rate of 10% per year:

a. What is the value of Danny's money in year 5 (at maturity)? Note: You can calculate it directly without using a table, or by using a table A.1 Compound Sum


b. Considering that Danny wants to know the progress of his money every year, then calculate the future value of Danny's money every year by using a timeline and using the future value interest factor (FVIF) table.


c. Danny wants a simulation of the calculation of the future value of the money to be deposited if the interest is paid with a frequency of 2, 3 and 6 in a year. How much money will Danny receive at maturity, if the interest rate is paid 2 times, 3 times and 6 times a year.

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Consignment Number 2