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Compute the future values of your savings after 1 0 years based on the followings: i ) Deposit RM 1 , 0 0 0 at
Compute the future values of your savings after years based on the followings:
i Deposit RM at the end of each year in a XYZ bank which pays an interest rate of pa compound annually
ii Deposit RM at the end of every months in XYZ bank which pays an interest rate of pa compound semiannually.
iii Deposit RM at the end of every months in XYZ bank which pays an interest rate of pa compound quarterly.
iv Deposit RM at the end of every month in a XYZ bank which pays an interest rate of pa compound monthly.
Looking at the outcomes in i to iv above discuss the compounding effects
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