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QUESTION 1 Aishah wants to purchase a new yacht for chartering, to increase the turnover of her travel business company in Pulau Langkawi, Kedah. She

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QUESTION 1 Aishah wants to purchase a new yacht for chartering, to increase the turnover of her travel business company in Pulau Langkawi, Kedah. She signed an agreement to borrow the entire amount and to make payments of RM2,750 at the end of every month for seven years. a) Considered if money is worth 15.5% compounded monthly, what was the purchase price of the yacht

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