Problem
Shs 10,000/=; 18,000/=; 17,000/=; 9,000/=; 12,000/= and 14,000/= are invested at the end of years 1 to 6 respectively. The rates of interest are 4%; 0%; -3%; 12%; -7%; 23% in years 1 to 6 respectively and 8% per annum thereafter.
(i) What is the value of the cashflows at the end of year 9?
(ii) What of at the beginning of year three?