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2. Jebon Sdn. Bhd. signed a note with a payment of $10,500 per quarter for 3 years. Find the amount the business must set aside

2. Jebon Sdn. Bhd. signed a note with a payment of $10,500 per quarter for 3 years. Find the amount the business must set aside today to satisfy this capital requirement in an account earning 4% compounded quarterly. (2 Marks) 3. Four Seasons Sdn. Bhd. needs $115,000 in 3 years. Find the required quarterly payment into a sinking fund if funds are invested in an account earning 8% per year compounded quarterly. (2 Marks)

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