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Briefly discuss the difference between Public Finance and Corporate Finance. (10 marks) QUESTION 2: (15 marks) a) Find the balance in an account at
Briefly discuss the difference between Public Finance and Corporate Finance. (10 marks) QUESTION 2: (15 marks) a) Find the balance in an account at the end of five years if RM2,500 is deposited today and the interest rate stated three percent, compounded annually and quarterly. (5 marks) b) c) Mr. Sasvin invested RM1,000 in fixed deposit which pays an interest of 4.5 percent compounded annually. Find the value of his money after ten and thirty years later. (5 marks) Ms.Dhivya want to withdraw RM5,000 at the end of five years and RM6,000 at the end of six years which leaving zero balance in the account after the last withdrawal. Find the value on how much suppose Ms.Dhivya deposited today in order to satisfy her withdrawal needs if interest stated five percent. Go (5 marks)
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