Question
6.If you deposit RM15,000 in an account earning 18% with quarterly compounding, how much would you have in the account after 6 years? Select one:
6.If you deposit RM15,000 in an account earning 18% with quarterly compounding, how much would you have in the account after 6 years?
Select one:
a.RM11,265.90
b.RM43,140.21
c.RM41,657.90
d.RM32,768.89
7.If you deposit RM15,000 in an account earning 20% with semi annually compounding, how much would you have in the account after 7 years?
Select one:
a.RM56,962.47
b.RM41,657.90
c.RM32,768.89
d.RM11,265.90
8.If you deposit RM25,000 in an account earning 16% with quarterly compounding, how much would you have in the account after 6 years?
Select one:
a.RM41,657.90
b.RM32,768.89
c.RM11,265.90
d.RM64,082.60
9.If you deposit RM35,000 in an account earning 18% with monthly compounding, how much would you have in the account after 10 years?
Select one:
a.RM241,657.90
b.RM208,926.30
c.RM232,768.89
d.RM211,265.90
10.Razi need RM20,000 for his daughter education in 9 years, how much must he deposits in his bank at the end of each year at 12% interest to get RM20,000 at the end of nine years.Select one:
a.RM1,318.34
b.RM1,093.15
c.RM1,712.59
d.RM1,353.63
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