Questiom 1-5

Q6. You deposited RM200 per month for the next 10 years at an interest of 3.3% p.a. How much will you have at the end of 10 years? Q7. You deposited RM500 per month for the next 15 years at an interest of 5.25% p.a. How much will you have at the end of 10 years? Q8. You deposited at the beginning of the month RM200 per month for the next 10 years at an interest of 3.3% p.a. How much will you have at the end of 10 years? Q9. You deposited RM500 per month for the next 15 years at an interest of 5.25% p.a. How much will you have at the end of 10 years? Q10. You wished to have RM50,000 in your account in 8 years, and plan to contribute RM350 per month. What rate of interest should you be earning? _____ % (2 DECIMALS) Q11.You wished to have RM50,000 in your account that earn interest of 3.15% p.a. The contribution every year is RM10,000. How long will it takes?

Questions 12-16

Q17.You wish to buy a house for RM400,000, and the interest on the loan is 3.35% for a tenure of 22 years. What is the monthly installment?

Q18.The machine costs RM30,000, and loan is available for 5 years at a rate of 6.5% annually. What is the semi-annual payment of the machine?

Q19.The machine costs RM30,000, and loan is available for 5 years at a rate of 6.5% annually. What is the semi-annual payment of the machine, which will be made at the beginning of the month?

Q20.Your mother deposited RM10,000 into an account that pays return of 2.85% p.a. at the beginning of January 2005. You then started depositing RM150 per month into the account starting from January 2010. How much will you have the account at the end of year 2019?

TVM: Annuity Individually, ANSWER ALL QUESTIONS. Q1 1 1 point #1 Calculate the amount of the following deposits: No PMT 1 N M FVA 1 6000 4% 10 1 2 400 5.15% 20 2 3 150 3.10% 9 4 4 200 1.85% 15 12 5 5 2% 20 365 Type your answer... 2 1 point #2 Type your answer... 3 1 point #3 Type your answer... 4 1 point #4 Type your answer... 5 1 point #5 Type your answer... Q8 12 1 point #1 Type your answer... The following is payment made for a financing. Determine the amount which being borrowed. No PMT 1 N M PVA 1 6000 4% 10 1 2 400 5.15% 20 2 3 150 3.10% 9 4 4 200 1.85% 15 12 5 5 2% 20 365 13 1 point #2 Type your answer... 14 1 point #3 Type your answer... 15 1 point #4 Type your answer... 16 1 point #5 Type your