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Sophia is looking into 2 investment plans, namely P and Q . Plan P involves setting aside RM 5 0 0 at the beginning of
Sophia is looking into investment plans, namely P and Q Plan P involves setting
aside RM at the beginning of every quarter for years. Plan Q requires an
amount of RM at the beginning of each quarter for years. If the rate of
return is a year compounded quarterly, which plan provides a higher future
value?
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