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Calculate the future and present value below when the: Years Principal (RM) 50000.00 Rate(%) 8 7 i) Future value ii) Present value Based on the
Calculate the future and present value below when the: Years Principal (RM) 50000.00 Rate(%) 8 7 i) Future value ii) Present value Based on the table below, find the answer with the calculation part. No. Present value Future Value (RM) (RM) Rate(%) Time i 1000.00 10000.00 5 ii 100.00 1000.00 8 iii 1000.00 5000.00 5 Question 4 If one deposits RM5000.00 at the end of each year for 10 years in a bank that pays 5 per cent interest, determine how much will be available at the end of the ten-year period by using the formula for the future value of an annuity
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