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a. Allison plans to invest RM1000 at 8% interest compounded monthly. How long would it Allison before her account grew to be RM12000? (4 marks)

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a. Allison plans to invest RM1000 at 8% interest compounded monthly. How long would it Allison before her account grew to be RM12000? (4 marks) b. Murad wants to deposit RM950 on his birthday and plans to do it on an annual basis. Today is Murad's 25th birthday. Murad's account is earning 6.5% interest compounded semiannually. How much will be in the account on his 55th birthday

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