Taiinvests 200 000 Algerian Dinar (DZD) into alocal laser fag cormpany.
Over the next eight years he achieves an annualised refum of 10.69 compounded quarterly-
IFinflation over this period is 5.49 per year, what is the real value ofhis investrment after ceight
years?
Give your answer to the nearest DZD.
自
Your answer - incorrect
29262760
Accepted answers
‧ 303244 上
‧ 303244DZD
‧ DZD303244
Explanation:
By achievini
o increase p/a compounding quarterly,
10.6
10g 僵
8) 還
200000 x (1 同 二461866.55一
To count the Perceent thls Teeds to bediyi
Teal value of the investment 語 2 屆邊 上 度廚 4 以和
92
200 000 x 1.0265$ 二 303 243 588
1.054
