GROUP 1 Gold Value RM2000-RM2999 RM3000-RM3999 RM4000-RM4999 Margin 70% 80% 90% Fees per RM100 RM5 RM6 RM7 1. Based on the table above, answer the following question: a) Calculate the amount should be paid by Lailer if she pledges her necklace amounting to RM3500, for 3 months. (5 marks) b) If Lailer extend the period to 6 months, calculate the amount that she has to paid. (5 marks) c) Discuss the consequences if Lailer unable to redeem her necklace within that period. (5 marks) 2. Explain why financial institutions need money market. (5 marks) 3. Analyse why bank required a funds and how the bank will be received these funds? (10 marks) GROUP 1 Gold Value RM2000-RM2999 RM3000-RM3999 RM4000-RM4999 Margin 70% 80% 90% Fees per RM100 RM5 RM6 RM7 1. Based on the table above, answer the following question: a) Calculate the amount should be paid by Lailer if she pledges her necklace amounting to RM3500, for 3 months. (5 marks) b) If Lailer extend the period to 6 months, calculate the amount that she has to paid. (5 marks) c) Discuss the consequences if Lailer unable to redeem her necklace within that period. (5 marks) 2. Explain why financial institutions need money market. (5 marks) 3. Analyse why bank required a funds and how the bank will be received these funds? (10 marks)