subject
Business, 12.07.2021 16:40 SillyEve

Star wins a lottery where she can choose either to receive a lump sum of Shs. 3,000,000 now, or an annual payment of Shs. 76,500 at the beginning of every year for the next 10 years. Assuming an interest rate of 12% per annum advise Star on the best option. (4 Marks) b) You the investment Manager of Rislly are Investments. You are planning to invest a total of Limited Ksh.12, 400,000 into a fund attracting a compound interest of 26%. Calculate the amount in the account in 4 years if it is compounded: (6 Marks) i. Annually ii. Semi-annually iii. Quarterly iv. Monthly v. Weekly vi. Daily​

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 17:40
Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc
Answers: 2
question
Business, 22.06.2019 22:50
What is the difference between the contractual interest rate and the market interest rate?
Answers: 1
question
Business, 23.06.2019 01:30
Akika corporation started as a small firm and has grown substantially in the past decade. its interests span from electronics to real estate and aviation. akika's board of directors have now decided to create independent business units for and categorize the actions performed under each domain. each business unit will have distinct roles and responsibilities. which of the 14 principles of fayol does this exemplify?
Answers: 3
question
Business, 23.06.2019 04:00
Where can i find with 12th grade finances
Answers: 3
You know the right answer?
Star wins a lottery where she can choose either to receive a lump sum of Shs. 3,000,000 now, or an a...
Questions
question
Mathematics, 13.09.2021 14:00
question
Mathematics, 13.09.2021 14:00
Questions on the website: 13722361