Question
Razali has the following options of investment (in thousands) for x Malaysian Ringgit Period of 8 years: a. Deposit 6% of the money into a
Razali has the following options of investment (in thousands) for x Malaysian Ringgit Period of 8 years:
a. Deposit 6% of the money into a semi-annual account. b. Deposit in 2 accounts the same sum of money. One account pays 5% monthly and the other pays 7% compounded every two months. c. Deposit half the money into an account that pays 9% annually of the interest rate and invest another half of the money into a company that after 8 years has elapsed It's going to get 20% more. d. Investing in a company that is the desired return on investment 1.6 times more than that. e. The financial institution offers a strategic interest in capturing new depositors
Semi-annual average of 5.9%. In order to be eligible for RM50, depositors will be expected to open a minimum RM1000 deposit account. Display the calculations by taking the appropriate value for x and help Razali decide best to invest his capital.
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