1. You want to travel to Australia to visit your friends when you graduate from UiTM three years from now. The trip is expected to cost of a total of RM20,000 at that time. Your parents have deposited RM10,000 for you in a savings account paying 6% interest annually. One of your uncles agreed to finance the balance. If your uncle is going to put that gift in an investment earning 10% annually, how much must he deposit now, so that you can visit your friends at the end of year three.