On 1 January 2008, bob Jones received a lump sum of R 200 000. He invested the full amount in a fixed deposit paying interest at 7% p.a. compounded monthly. The maturity date of this investment is 31 December 2010. The following annual inflation rates have been predicted for the given calender years: For 2008-8,3%; For 2009-8,5%; For 2010-8,7%. Bob regards the annual inflation rate as his personal required rate of return for that year? Calculate the Net Present Value of this investment?
I'm extremely satisfied with the assignment that was completed. The satisfaction led me to bring more assignments. For a long time I've been in need of programming experts but it's been so hard to find. Other sites were fake. I'm glad to have found your site by chance. Thank you very much