a) Mei Lin is putting money aside to purchase a new automobile in four years. She plans to save RM450 at the end of each

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a) Mei Lin is putting money aside to purchase a new automobile in four years. She plans to save RM450 at the end of each

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A Mei Lin Is Putting Money Aside To Purchase A New Automobile In Four Years She Plans To Save Rm450 At The End Of Each 1
A Mei Lin Is Putting Money Aside To Purchase A New Automobile In Four Years She Plans To Save Rm450 At The End Of Each 1 (16.91 KiB) Viewed 21 times
a) Mei Lin is putting money aside to purchase a new automobile in four years. She plans to save RM450 at the end of each month for the next four years. She plans to put the money into a savings account with a monthly interest compounding rate of 2.0 percent. Determine how much money she will have in four years. (5 marks)
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