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 3 13,000 13,000 | 12,000 | 12,000 | 12,000 4,000 4 5,000 5,000 4,000 4,000 10 11 Year Cash Inflow, RM per year Cash Outflow, RM per year 16,000 18,500 | 13,200 8,500 3,000 6,000 6,000 3,200

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
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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
2
13,000 13,000
5,000
3
Year
Cash Inflow, RM per year
Cash Outflow, RM per year
1
4
12,000 12,000 12,000
4,000
5,000
4,000
4,000
Year
6.
7
10
11
18,500 13,200
Cash Inflow, RM per year
Cash Outflow, RM per year
16,000
6,000
3,000
6,000
8,500
3,200
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 2 13,000 13,000 5,000 3 Year Cash Inflow, RM per year Cash Outflow, RM per year 1 4 12,000 12,000 12,000 4,000 5,000 4,000 4,000 Year 6. 7 10 11 18,500 13,200 Cash Inflow, RM per year Cash Outflow, RM per year 16,000 6,000 3,000 6,000 8,500 3,200
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