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Halina is given the following table of interest rates: Portfolio Calendar Calendar Year of Investment Year Rates (in %) Rates (in Year of Original %)

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Halina is given the following table of interest rates: Portfolio Calendar Calendar Year of Investment Year Rates (in %) Rates (in Year of Original %) Portfolio Investment Rate y i i/2 iz i is y+5 2012 8.25 8.25 8.4 8.5 8.5 8.35 2017 2013 8.5 8.7 8.75 8.9 9.0 8.6 2018 2014 9.0 9.0 9.1 9.1 9.2 8.85 2019 2015 9.0 9.1 9.2 9.3 9.4 9.1 2020 2016 9.25 9.35 9.3 9.55 9.6 9.35 2021 2017 9.5 9.5 9.55 9.7 9.7 2018 10.0 10.0 9.7 9.8 2019 10.0 9.8 9.8 2020 9.5 9.5 2021 9.0 Halina deposits RM 1,000 on 1st January 2017. Calculate the following accumulated value of RM 1,000 on 1st January, 2020: i) Using investment year method ii) Using Portfolio Yield Method iii) Then, rank for (i) and (ii) according to the accumulated value [e.g: (i) > (ii)]

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