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***PLEASE ANSWER THE QUESTION BRIEFLY WITH CALCULATION THANK YOU Question 4 Clean Bio Sdn. Bhd. has deposited RM1,500 at the end of the first year,
***PLEASE ANSWER THE QUESTION BRIEFLY WITH CALCULATION
THANK YOU
Question 4 Clean Bio Sdn. Bhd. has deposited RM1,500 at the end of the first year, RM2,000 at the end of the second year and RM2,500 for the following five years in the company's account at Bank A. The deposit earns 10% annual interest. How much will the amount be in the account at the end of tenth year? (10 marks)Step by Step Solution
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
