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QUESTION 3 (10 MARKS) a) At average annual interest rate 12% compounding quarterly invested in unit trust, how much must
Posted: Mon Mar 21, 2022 4:34 pm
by answerhappygod
- Question 3 10 Marks A At Average Annual Interest Rate 12 Compounding Quarterly Invested In Unit Trust How Much Must 1 (21.39 KiB) Viewed 36 times
QUESTION 3 (10 MARKS) a) At average annual interest rate 12% compounding quarterly invested in unit trust, how much must it be if RM300,000 been put into that account today after 10 years? (5 marks) b b) Abu would like to retire with cash in hand RM1,000,000. Find how long it will take if he would like to deposit in fixed deposit for RM200,000 with the rate of 4%. (5 marks)