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Exercise 1: You want to invest to a house and started to have savings today at $1,000 for 10 years . What will be the

Exercise 1:

You want to invest to a house and started to have savings today at $1,000 for 10 years . What will be the future value of money you will received in 10 years with the annual compound interest of 5%. Present Value

Exercise 2:

Muthu planned to pay a house deposit in one year from now. The amount of deposit needed is RM10,000. The interest given by the bank is 10% per year. How much does Muthu need to save today?

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