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1. In a Technopreneurship competition held by Universiti Teknologi PETRONAS (UTP) during the Movement Control Order (MCO) period in year 2020, Syazana and her team
1. In a Technopreneurship competition held by Universiti Teknologi PETRONAS (UTP) during the Movement Control Order (MCO) period in year 2020, Syazana and her team managed to win a grand prize award of RM 11,500. After discussion with her team, they decided to put their money in separate accounts namely Maybank fixed deposit, Takaful Malaysia trust fund and Amanah Saham Nasional. a. The Maybank fixed deposit rate is 930% per annum, while Takaful Malaysia trust fund and Amanah Saham Nasional rate are 920% per annum and 800% per annum, respectively. The team also have decided to put RM 2400 inside the Maybank fixed deposit. Based on the information given, use any of the accounts to invest RM 11,500 with the chosen expected profit within RM 97,000 to RM 100,000. All mathematical expressions used must be shown clearly. [25 marks)
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