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(c) Mary saves RM5,000 now at 6% compounded semi- annually and intends to withdraw all the amount at the end of five years. If she

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(c) Mary saves RM5,000 now at 6% compounded semi- annually and intends to withdraw all the amount at the end of five years. If she withdraws RM2,000 after three years, find the amount in the account at the end of five years. (2 marks) (d) At the age of 2 years, Senthil's father open an account with RM8,500. The account gives 6% compounded monthly. Determine the: i. accumulated amount when Senthil is 16 years old. ii. age of Senthil when the account accumulated to RM29,872.15. iii. effective rate offered

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