Question
Ms. Fui Pin is planning to buy a new car 7 years from now. For this purpose, she will deposit RM10,500 at the beginning of
Ms. Fui Pin is planning to buy a new car 7 years from now. For this purpose, she will deposit RM10,500 at the beginning of each year for the first 4 years in the savings account of a commercial bank. Her investment in the savings account will earn a return of 9% compounded annually. How much will Ms. Fui Pin have after 7 years to buy the car?
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Advanced Quality Auditing An Auditors Review Of Risk Management Lean Improvement And Data Analysis
Authors: Lance B Coleman
1st Edition
163694082X, 978-1636940823
