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Assuming that, Fadi Ifraz can earn 7% on the investments described below. Estimate the amount on each investment that Fadi will receives after six years.

Assuming that, Fadi Ifraz can earn 7% on the investments described below. Estimate the amount on each investment that Fadi will receives after six years.

a) Invest RM5,000 as a lump sum today.

b) Invest RM2,000 at the end of each of the next six years.

c) Invest a lump sum of RM3,000 today and RM1,000 at the end of each of the next six years.

d) Invest RM900 at the end of years 1, 3, and 5.

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