RM300 is deposited every 3 month for four year at 8% compounded quarterly i. Calculate the future value of this annuity ii. Calculate the interest earned
RM300 is deposited every 3 month for four year at 8% compounded quarterly i. Calculate the future value of this annuity ii. Calculate the interest earned
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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RM300 is deposited every 3 month for four year at 8% compounded quarterly
i. Calculate the future value of this annuity
ii. Calculate the interest earned
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