1. Mr A borrowed a lump sum of RM6000 at 8% compounded monthly. On the first and second year of loan, he paid RM3000. What is the outstanding immediately for the next year? 2. You buy furniture that cost you RM1500 in the next three years. You are offered 4% interest compounded semiannually by the bank How much money you need to put in the bank in order to reach your goal in three years