What is the value of the cashflows at the end of year nine


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?

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Financial Management: What is the value of the cashflows at the end of year nine
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