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Q6. Rose is planning her retirement and comes to the conclusion that she needs to save RM1714000 in 20 years. Rose can invest into a
Q6. Rose is planning her retirement and comes to the conclusion that she needs to save RM1714000 in 20 years. Rose can invest into a retirement account that guarantees a 8% annual return. How much does Rose have to put into her account at the end of each year to reach her retirement goal? Format : 679962 07. Gansen plans to get married in 10 years time. Gansen wants to have RM210000 by that time. His parents promised to give him RM56000 as a wedding gift. Given that Gansen could invest his annual deposit in an investment account with 5% annual return, how much should he save every year? Format : 83544
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