Answer Happy

Posted: **Thu May 26, 2022 6:59 am**

: Tiara Has Opened A Retirement Fund Account Which Pays 7 Percent Interest And Requires Rm5 000 Annual Deposits Tiara Wil 1 (19.32 KiB) Viewed 17 times

: Tiara Has Opened A Retirement Fund Account Which Pays 7 Percent Interest And Requires Rm5 000 Annual Deposits Tiara Wil 2 (19.32 KiB) Viewed 17 times

Tiara has opened a retirement fund account which pays 7 percent interest and requires RM5,000 annual deposits. Tiara will retire in 15 years and expects 10 years of retirement life. Calculate the maximum annual retirement benefit Tiara can get during his retirement years.