A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded semi-annually, calculate the followings: a)The present value of this debt. b)The value of this debt...

A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded semi-annually, calculate the followings:

a)The present value of this debt.

b)The value of this debt at the end of first year and The value of this debt at the end of four years.