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QUESTION 2 You have inherited RM100,000 today and wish to invest all of it for the next few years. If you were to deposit RM100,000
QUESTION 2 You have inherited RM100,000 today and wish to invest all of it for the next few years. If you were to deposit RM100,000 in bank deposits, it is expected that the interest rate would average out at 3% p.a. If instead, you were to invest that same amount in the share market, the expected rate return would average out at 8% p.a. REQUIRED: In both cases, determine how long would it take to double the value of your inheritance. Then present a well-reasoned out case on how you would invest your inheritance
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