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Wan Ahmad deposited RM14,000 into an account at an interest rate of 8% compounded monthly. Two years later he withdrew RM10,000 from the account. Find,
Wan Ahmad deposited RM14,000 into an account at an interest rate of 8% compounded monthly. Two years later he withdrew RM10,000 from the account. Find,
a. the amount left in his account just after the withdrawal. (3 Marks)
b. the amount in the account 8 years after the withdrawal. (3 Marks)
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