Andy is planning to buy a new house worth RM400,000 three years later. He is required to pay a 10% down payment if he wants to buy the house. In order to fulfil the payment obligation,
Andy deposits his savings of RM30,000 in the fixed deposit account today to earn a 4% interest rate compounded annually.
Using computational evidence, determine whether Andy can pay off the 10% down payment using his fixed deposit three years later.