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1. The return of an investment is given in the following table: Year 0 1 2 3 Balance RM5000 RM5375 RM5697.50 RM5925.40 (a) Find the

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1. The return of an investment is given in the following table: Year 0 1 2 3 Balance RM5000 RM5375 RM5697.50 RM5925.40 (a) Find the effective rate of interest for each of the three years. (b) Find the equivalent level effective rate of return over the three-year period. (C) If a principal of RM7000 is invested at time t = 0, calculate the balance of the investment after 3 years

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