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b ) Compute the future values of your savings after 1 0 years based on the followings: i ) Deposit RM 1 , 2 0
b Compute the future values of your savings after years based on the followings:
i Deposit RM at the end of each year in a financial institution which
pays an interest rate of pa compound annually.
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ii Deposit RM at the end of every months in a financial institution which
pays an interest rate of pa compound semiannually.
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iii Deposit RM at the end of every months in a financial institution which
pays an interest rate of pa compound quarterly.
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iv Deposit RM at the end of every month in a financial institution which
pays an interest rate of pa compound monthly.
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c Discuss the compounding effects based on the outcomes you have computed for
part b
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