Essay On Present Value Of General Living Expenses

Fin 3201 [pic 1]BACHELOR OF ACCOUNTANCY (HONS)FIN 3201FINANCIAL MANAGEMENTGROUP ASSIGNMENT  (20%)JANUARY 2017 SESSIONLECTURER:  Mrs Ming Yian Rebecca YewNAMESSECTIONSSTUDENT ID1. Khoo Chee Yee1A1I160098312. Teo Wei Sheng1A1I160098353. On Qi Hui1A1I16009852ContentsCover page……………………………………………………………………………………………………………….1Content..…………………………………………………………………………………………………………………..2Question 1 ……………………………………………………………………………………………………………….3Question 2………………………………………………………………………………………………………………..6Reference List….……………………………………………………………………………………………………..10 (Q1) Present value of general living expenses of $50,000 per year for 50 years:         N=50                PMT=-50,000                I=5                PV=?PV=$912,796Present value of general living expenses of $50,000 per.