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d) Sofea plans to buy a condominium when she graduates from Wawasan Open University three years from now. The condo's se
Posted: Sun Jul 03, 2022 12:52 pm
by answerhappygod
- D Sofea Plans To Buy A Condominium When She Graduates From Wawasan Open University Three Years From Now The Condo S Se 1 (24.36 KiB) Viewed 12 times
d) Sofea plans to buy a condominium when she graduates from Wawasan Open University three years from now. The condo's selling price is expected to be RM240,000 in three years' time and she will need 10% of the selling price as a deposit to book the condo. If she puts RM6,000 now in an account that yields 15% interest compounded semiannually, calculate how much more would she need to deposit soon after she has graduates. (5 marks)