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3. RM 100,000 is deposited and interest is 4% per year, how much will you have at the end of 5 years, if it is
3. RM 100,000 is deposited and interest is 4% per year, how much will you have at the end of 5 years, if it is compounded annually? And what if it is compounded continuously. Compare your answers. [6 marks] [6 marks] PRESENT VALUE 4. Complete the following, solving for the present value, PV: CASE FUTURE VALUE INTEREST RATE NO. OF PERIODS A RM 10,000 5% 5 B RM 563,000 4% 20 RM 5,000 5.5% 3
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