Re: ::: vuaskari.com ::: MGT201 assignment 1 solution file require.

go to google, search "future vlaue of annuity formula", put value in it and hv fun

On Wed, Nov 9, 2011 at 10:07 PM, CYBERIAN <mian0322@gmail.com> wrote:

plz send me idea solution of MGT201

Mr. Hammad is a salaried …….       is considering two diverse saving plans for ten years.

- First plan requires a deposit of Rs 5,000 every six months with annual interest rate of 6.5 percent, compounded semiannually.

- However, under the second plan, he has to deposit Rs 10,000 every year with Interest rate of 7.5 percent compounded annually.

 

 

a). What will be the future value of first plan at the end of 10 years?

 

b). What will be the future value of the second plan at the end of 10 years?

 

c). You are required to analyze that which plan would be suitable for him while keeping in view his major concern: 'The value of plan at the end of 10th year'.

 

 

d). What would be the change in your decision if the interest rate on second plan is also 6.5 percent?

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