Question 3. (/5) Alibaba group is setting aside capital to fund an environmental protection project. Funds...

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Question 3. (/5) Alibaba group is setting aside capital to fund an environmental protection project. Funds earmarked for the

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STATEMENT SHOWING CALCULATION OF SAVINGS AVILABLE FOR PROJECT CONTINEOUSLY WITH OUT INTREPUTING PROJECT
MONTH	OPENING SAVINGS	MONTHLY SAVINGS	EXPENSES INCURRED	INTEREST @ 24%	CLOSING SAVINGS
1	2,50,000	50,000	-	6,000	3,06,000
2	3,06,000	50,000	-	7,120	3,63,120
3	3,63,120	50,000	-	8,262	4,21,382
4	4,21,382	50,000	-	9,428	4,80,810
5	4,80,810	50,000	-	10,616	5,41,426
6	5,41,426	50,000	-	11,829	6,03,255
7	6,03,255	50,000	-	13,065	6,66,320
8	6,66,320	50,000	-	14,326	7,30,646
9	7,30,646	50,000	-	15,613	7,96,259
10	7,96,259	50,000	-	16,925	8,63,184
11	8,63,184	50,000	-	18,264	9,31,448
12	9,31,448	50,000	-	19,629	10,01,077
13	10,01,077	50,000	-	21,022	10,72,099
14	10,72,099	50,000	1,50,000	22,442	9,94,541
15	9,94,541	50,000	1,50,000	20,891	9,15,431
16	9,15,431	50,000	1,50,000	19,309	8,34,740
17	8,34,740	50,000	1,50,000	17,695	7,52,435
18	7,52,435	50,000	1,50,000	16,049	6,68,483
19	6,68,483	50,000	1,50,000	14,370	5,82,853
20	5,82,853	50,000	1,50,000	12,657	4,95,510
21	4,95,510	50,000	1,50,000	10,910	4,06,420
22	4,06,420	50,000	1,50,000	9,128	3,15,549
23	3,15,549	50,000	1,50,000	7,311	2,22,860
24	2,22,860	50,000	1,50,000	5,457	1,28,317

BASED ON THE ABOVE CALCUALTION IF COMPANY STARTS THEIR PROJECT FROM 14 MONTH ONWARDS ONLY.
IF PROJECTS STARTS BEFORE 14 MONTHS THEN THE COMPANY NOT HAVING SUFFICIENT FUNDS TO INVEST IN
THE PROJECT.

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