1 

Overall rate of return in 7 years= (closing balance opening balance)/opening balance

= (1747-1054)/1054

=65.7495%

Compounded rate of return which is required to get similar return would be

= 65.75952/(1+n)^5)-1)

= 10.634%

Correct rate is 10.634%

2 

Value today = Annuity * [1 - 1 / (1 + r)^n] / r

Value today = 2055 * [1 - 1 / (1 + 0.12)^15] / 0.12

Value today = 2055 * [1 - 0.182696] / 0.12

Value today = 2055 * 6.810864

Value today = $13,996.33

3 

ANSWER

BHP Billiton Mission, Vision & Values

BHP Billiton Mission Statement

At BHP Billiton our objective is to be the company of choice - creating sustainable value for our shareholders, employees, contractors, suppliers, customers, business partners and host communities....We aspire to Zero Harm to people, our host communities and the environment and strive to achieve leading industry practice. Sound principles to govern safety, business conduct, social, environmental and economic activities are integral to the way we do business.

BHP Billiton Vision Statement

BHP Billiton strives to create long-term value through the discovery, development and conversion of natural resources, and the provision of innovative customer and market-focused solutions. BHP Billiton is committed to a long-term strategy of investing in low-cost, world-class, expandable and export -orientated operations that reflect diversification across markets and geographic regions. The objective at BHP Billiton is to be the company of choice by creating sustainable value for their contractors, employees, shareholders, suppliers, customers and business partners. BHP Billiton aspires to Zero Harm to people, their host communities and the environment and strives to achieve leading industry practice

BHP Billiton Values

• Sustainability
• Integrity
• Respect
• Performance
• Simplicity
• Accountability