1. ZAMANI has just bought a new HONDA ACCORD that costs RM 89,000. She took a 9-year loan from ABC Bank that requires her to pay 10% of the cost, as down payment. Determine amount of ZAMANIs annual payment if the ABC Bank interest is 4% per annum.

1. How much will RM 2,000 deposited in a current account earning a compound annual interest rate of 6% be worth at the end of 4 years?

1. We are going to deposit $5,600 at the end of each year for the next 10 years in a bank where it will earn 10% interest. How much will we get at the end of 10 years?

1. We are going to deposit $1,000 at the beginning of each year for the next 5 years in a bank where it will earn 5% interest. How much will we get at the end of 5 years?

1. Big Mom Sdn. Bhd is evaluating an investment with different probabilities. Based on the following information, calculate the expected return if the Treasury Bills carries a return of 5.5%

	Probability	Market Return
1	0.17	7%
2	0.33	8%
3	0.43	11%
4	0.18	15%
5	0.22	12%