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Umar has been investing in a Islamic securities for the past 10 years. He is very happy with the performance of the fund manager that enables him to get at least 25% return annually. Umar has estimate
Umar has been investing in a Islamic securities for the past 10 years. He is very happy with the performance of the fund manager that enables him to get at least 25% return annually. Umar has estimated that he will receive return RM8000 next year, RM9000 in next 2 years and RM10000 in the next 3 years. What is the value of these future payments?