4) If you deposits RM 700 today into a bank account, how much will you have in 4.5 years, if the bank pays 12% interest compounded quarterly? 5) Suzie will receive RM 6,500 per year for the next 14 years from her investment. If an 8% interest rate is applied, what is the present value of these payments? 5) Marina wants to borrow RM 20,000 as a downpayment for her RM 200,000 apartments. The bank is going to charge her 12% interest annually and she is required to pay back the loan in 10 years. If interest is compounded annually, how much Marina's yearly investment