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Table Q2 Saving plan Interest rate Saving plan A 5% Saving plan B 6% Saving plan C 7% Saving plan D 8%Q2 Juliana is considering
Table Q2 Saving plan Interest rate Saving plan A 5% Saving plan B 6% Saving plan C 7% Saving plan D 8%Q2 Juliana is considering four saving plans for her lture. Each saving plan gives a different interest rate. She plans to save RM 3,500 each year for 10 years. With the savings, she plans to withdraw RM 8,000 each year for three years after the 10 years of saving period ends. Later, in the fourth and fifth year, she wants to withdraw about RM 5,000 per year. And for the following year, she wants to withdraw the remaining money from her account. Based on the interest rate given in Table Q2 for four (4) saving plans in her consideration, choose one interest rate and answer the following questions. (a) Estimate the remaining amount that can be withdrawn at the end of the whole period. Open ended, C5
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