Q2 Table 2 shows cash flow information of business account with rate of return 8% per year. Determine the future value at year 11. Table 2: Cash Flow Information of Business Account Year Cash Inflow, RM per year Cash Outflow, RM per year 5 13,000 13,000 12,000 12,000 12,000 4,000 4 5,000 5.000 4,000 4,000 6. 16,000 Year 7 18,500 8 9. 10 11 Cash Inflow, RM per year Cash Outflow, RM per year 13,200 3,200 3,000 6,000 6,000 8,500
Q2 Table 2 shows cash flow information of business account with rate of return 8% per year. Determine the future value at year 11. Table 2: Cash Flow Information of Business Account Year Cash Inflow, RM per year Cash Outflow, RM per year 5 13,000 13,000 12,000 12,000 12,000 4,000 4 5,000 5.000 4,000 4,000 6. 16,000 Year 7 18,500 8 9. 10 11 Cash Inflow, RM per year Cash Outflow, RM per year 13,200 3,200 3,000 6,000 6,000 8,500
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 2MC
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![Q2 Table 2 shows cash flow information of business account with rate of return 8% per year.
Determine the future value at year 11.
Table 2: Cash Flow Information of Business Account
Year
3
5
12,000 12,000 | 12.000
4,000
13,000 13,000
Cash Inflow, RM per year
Cash Outflow, RM per year
5,000
5,000
4,000
4,000
Year
7
8
9
10
11
Cash Inflow, RM per year
Cash Outflow, RM per year
16,000 | 18,500 13,200
3,200
3,000
6,000
6,000
8,500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5b38737-622a-40a2-b080-ce81f34e7ad0%2Fa8369fa7-70e5-4c65-9856-95b0d7386669%2F8qbxpg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Q2 Table 2 shows cash flow information of business account with rate of return 8% per year.
Determine the future value at year 11.
Table 2: Cash Flow Information of Business Account
Year
3
5
12,000 12,000 | 12.000
4,000
13,000 13,000
Cash Inflow, RM per year
Cash Outflow, RM per year
5,000
5,000
4,000
4,000
Year
7
8
9
10
11
Cash Inflow, RM per year
Cash Outflow, RM per year
16,000 | 18,500 13,200
3,200
3,000
6,000
6,000
8,500
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