(a) (b) (c) (d) Nadirah is a young entrepreneur who sells cheese tarts. Many customers would come to her shop to place their orders but they could not do so due to the Movement Control Order (MCO). She decided to go online and market the cheese tart in the digital world. The online sales of cheese tart during MCO are unpredicted. The demand for cheese tart went up so, she decided to take a loan that offer microenterprises from Bank Jaya to cover day-to-day operational expenses. If Nadirah plans to borrow RM150,000 and plan to pay back the loan over 7-year and and the interest rate of loan is 4% per annum .Calculate her annual payments. HINT: FIND PMT (PVIFA OR FORMULA) Due to the pandemic, you plan to visit your friends in Indonesia in the next three years. The trip is expected to cost a total of RM10,000 at that time. Your parents have deposited RM5,000 for you in a Certificate of Deposit paying 6% interest annually, maturing three years from now. Your aunty, Aunty Lily has agreed to pay for all remaining expenses. If you are going to put Aunty Lily's gift in an investment earning 10% over the next three years, find out the amount of funds he deposit today, so you can visit your friends three years from today. HINT: a)FIND FV - b)FIND DIFF - c) FIND PV OF (b) Marcia is planning for her golden years. She will retire in 20 years; at which time she plans to begin withdrawing RM60,000 annually. She is expected to live for 20 years following her retirement. Her financial advisor thinks she can earn 9% annually. Compute the amount of money she need to invest each year to prepare for her financial needs after her retirement. HINT: a) FIND PVA b) FIND PMT FOR ASNWER

(a) - use FVA Mr Faris Abdullah borrowed RM 250,000 at a 5% annual rate of interest to be repaid over 6-year. The loan is amortized into 6 equal annual end-of-year payments. Calculate the annual, end-of-year payment and prepare a loan amortization schedule showing the interest and principal breakdown of each of the SIX (6) loan payments. HINT: FIND PMT-USE PVA FORMULA. THEN CONSTRUCT AMMORTIZE LOAN TABLE

(a) Nadirah is a young entrepreneur who sells cheese tarts. Many customers would come to her shop to place their orders but they could not do so due to the Movement Control Order (MCO). She decided to go online and market the cheese tart in the digital world. The online sales of cheese tart during MCO are unpredicted. The demand for cheese tart went up so, she decided to take a loan that offer microenterprises from Bank Jaya to cover day-to-day operational expenses. If Nadirah plans to borrow RM150,000 and plan to pay back the loan over 7-year and and the interest rate of loan is 4% per annum .Calculate her annual payments. HINT: FIND PMT (PVIFA OR FORMULA) (b) Due to the pandemic, you plan to visit your friends in Indonesia in the next three years. The trip is expected to cost a total of RM10,000 at that time. Your parents have deposited RM5,000 for you in a Certificate of Deposit paying 6% interest annually, maturing three years from now. Your aunty, Aunty Lily has agreed to pay for all remaining expenses. If you are going to put Aunty Lily's gift in an investment earning 10% over the next three years, find out the amount of funds he deposit today, so you can visit your friends three years from today. HINT: a)FIND FV - b)FIND DIFF - c) FIND PV OF (b) (c) Marcia is planning for her golden years. She will retire in 20 years; at which time she plans to begin withdrawing RM60,000 annually. She is expected to live for 20 years following her retirement. Her financial advisor thinks she can earn 9% annually. Compute the amount of money she need to invest each year to prepare for her financial needs after her retirement. HINT: a) FIND PVA b) FIND PMT FOR ASNWER (a) - use FVA (d) Mr Faris Abdullah borrowed RM 250,000 at a 5\% annual rate of interest to be repaid over 6-year. The loan is amortized into 6 equal annual end-of-year payments. Calculate the annual, end-of-year payment and prepare a loan amortization schedule showing the interest and principal breakdown of each of the SIX (6) loan payments. HINT: FIND PMT - USE PVA FORMULA. THEN CONSTRUCT AMMORTIZE LOAN TABLE