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Period 2 : Last 3 years with 5 % interest compounded monthly Where A 2 = A 1 ( 1 + r 2 n 3

Period 2: Last 3 years with 5% interest compounded monthly
Where
A2=A1(1+r2n3)n1t2
A1= RM 1150.39 is the amount ather the first period
2=0.05 is the annual interest rate for the second period
n2=12 is the number of times inferest is compounded per year
t2=3 is the lime in years for the second period
A2=1150.39(1+0.0512)123=1150.39(1+0.0041667)36~~ RM1332.99
L. Amount at the end of investment period: RM.1332.99
ii. Interest earned: RM1332.99-RM1000= RM 332.99
Solvet by inoh act op
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