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(i) You deposit RM3,500 into an account every year for 6 years. The account pays 7% interest. How much will you have at the end

(i) You deposit RM3,500 into an account every year for 6 years. The account pays 7% interest. How much will you have at the end of that time?

(ii)What is the present value of a 4 years annuity, if the annual interest is 5 percent, and the annual payment is RM1,000?

(iii)Farid invested RM10,000 today in a fund that earns 8 percent compounded annually. How much his investment will grow in 3 years

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