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Consider the return of investment as given in the following table: i. Calculate the effective rate of interest for each year. (2 marks) ii. Calculate
Consider the return of investment as given in the following table: i. Calculate the effective rate of interest for each year. (2 marks) ii. Calculate the equivalent level effective rate of return over the four year-period. (2 marks) iii. If RM7500 is invested in the year 2016, under the same interest environment, calculate the return of investment in the year 2020 . (2 marks)
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