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You are required to answer the following questions. Show your work. Assuming the time value of money is 6% compounded quarterly, calculate the future value

You are required to answer the following questions. Show your work.

Assuming the time value of money is 6% compounded quarterly, calculate the future value on December 31, 2027, of RM300,000 cash amount on January 1, 2020

Assuming the time value of money is 15% compounded semi-annually, calculate the present value on January 1, 2022, of RM4,000,000 cash amount occurring on December 31, 2028.

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