Question 3 Jennice is a nurse by profession and she has been saving RM 300 every month in PQR Bank for the past 8 years since she started to work. With her accumulated savings, Jennice plans to buy a car worth RM 146,000. (a) Determine Jennice's accumulated savings in PQR Bank if the bank offers her an interest rate of 3.75% compounded monthly and find the interest earned by Jennice. (6 marks) (b) How much is the down payment of 20% and the loan amount of 80% for the SUV? Does Jessica has enough savings to pay the down payment for the SUV? (4 marks) (e) Determine Jennice's monthly installment for her car if a bank offers her 2.1% interest compounded monthly for 5 years and find the interest paid towards her financing. (6 marks) (d) Five years ago, Jennice invested RM P in JOK Bank where she was offered an interest rate of 3.5% compounded monthly. Today the amount is RM 13,000. Find the amount that Jennice deposited five years ago. (4 marks) (Total: 20 marks)