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b) In ten years, John Hsu hopes to establish a business. He aims to acquire RM200,000 to invest in the firm by that time
Posted: Sun Jul 03, 2022 12:52 pm
by answerhappygod
- B In Ten Years John Hsu Hopes To Establish A Business He Aims To Acquire Rm200 000 To Invest In The Firm By That Time 1 (18.12 KiB) Viewed 28 times
b) In ten years, John Hsu hopes to establish a business. He aims to acquire RM200,000 to invest in the firm by that time. To achieve his aim, he wants to put a particular sum today in an investment fund that will pay him 8.0 percent per annum, compounded semi-annually. Calculate how much John will have to invest today to reach his goal. (5 marks)