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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? (5 marks) c. Mr. Henry is purchasing an apartment that cost RM 475,000. The bank is offering 90% loan on the property, with an interest of 3.95% for 30 years. Calculate Mr. Henry's monthly payment. (6 marks) d. Refer to the table below. Assume En. Nazril held the portfolio consisting of 50% of Stock B and 50% of Stock V. Year 2015 2016 2017 2018 2019 Stock B's Return, rB Stock V's Return, rV - 18% - 14.5% 33% 21.8% 15% 30.5% -0.50% -7.6% 27% 26.3% i. What would be the average return on the portfolio for the period of 2015-2019. (6 marks) ii. Calculate the standard deviation for the portfolio. (4 marks)

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