Well-structured FIN3704 Assignment 5 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Question 2
(20 Marks)
The Port Saint John Water Park has thought about buying a new log flume ride. The equipment costs R900 000 to purchase, and installation...
FIN3704
Assignment 5 Semester 2 2024
Unique Number:
Due Date:15 October 2024
QUESTION 1
a.
Present
Period Cashflow Future Value Value
1 45,000.00 69,238.08 41,284.40
2 40,000.00 56,463.26 33,667.20
3 35,000.00 45,326.02 27,026.42
DISCLAIMER & TERMS OF USE
4 Aid:
1. Educational 30,000.00
These study notes are35,643.00 21,252.76
designed to serve as educational aids and should not be considered as a
substitute for individual research, critical thinking, or professional guidance. Students are encouraged to
conduct 5their own extensive research27,250.00
25,000.00 and consult with 16,248.28
their instructors or academic advisors for specific
assignment requirements.
2. Personal
TOTAL Responsibility: While every effort has been 139,479.07
233,920.36 made to ensure the accuracy and reliability of the
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QUESTION 1
a.
Present
Period Cashflow Future Value Value
1 45,000.00 69,238.08 41,284.40
2 40,000.00 56,463.26 33,667.20
3 35,000.00 45,326.02 27,026.42
4 30,000.00 35,643.00 21,252.76
5 25,000.00 27,250.00 16,248.28
TOTAL 233,920.36 139,479.07
FORMULAS
b.
Present
Period Cashflow Future Value Value
1 20,000.00 30,772.48 18,348.62
2 30,000.00 42,347.45 25,250.40
3 35,000.00 45,326.02 27,026.42
4 40,000.00 47,524.00 28,337.01
5 45,000.00 49,050.00 29,246.91
TOTAL 215,019.94 128,209.37
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