QUESTION TWO L. Mwanza owns a perpetuity that pays K2, 000 with the first payment being...

QUESTION TWO

L. Mwanza owns a perpetuity that pays K2, 000 with the first payment being made in 6 years. Find the present value with 4% per annum rate.
You invested K3, 000 four years ago in a share of E. Nyirenda Ltd. It is now worth K5, 000. Calculate the interest rate.
A share of Zambezi Plc grows at a rate of 5% per annum compounded annually. Calculate how long it will take the current present value of K100 per share to double in value.
You wish to purchase a car that costs K200 000. You can borrow the funds at 8% compounded monthly for a 5 year term. The first payment is due at the end of one month. Calculate the monthly payment.

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jeff jeffy answered 2 years ago

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