2. Compounding and interest rates are key concepts in finance that describe how money grows over...

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2. Compounding and interest rates are key concepts in finance that describe how money grows over time. There are two case studies given below. (a) Case 1: A company named Zeta Software Sdn. Bhd. Both engineers, Azman and Azri, have invested RM5000 for 10 years at 10% per year. Find the future worth of both engineers if Azman receives annual compounding and Azri receives continuous compounding. (b) Case 2: Over the past 10 years, the Centre for IC Design has placed varying sums of money into a special investment fund. The company sells solar panels produced by small and medium enterprises in Pulau Pinang and Selangor. Figure 1 shows the cash flow diagram. Find the amount in the account now (after 10 years) at an interest rate of 12% per year, compounded semi-annually. (10) RM1000 RM3000 RM1500 Figure 1/Rajah 1 F=? 10 YEAR 13 (10) 2. Compounding and interest rates are key concepts in finance that describe how money grows over time. There are two case studies given below. (a) Case 1: A company named Zeta Software Sdn. Bhd. Both engineers, Azman and Azri, have invested RM5000 for 10 years at 10% per year. Find the future worth of both engineers if Azman receives annual compounding and Azri receives continuous compounding. (b) Case 2: Over the past 10 years, the Centre for IC Design has placed varying sums of money into a special investment fund. The company sells solar panels produced by small and medium enterprises in Pulau Pinang and Selangor. Figure 1 shows the cash flow diagram. Find the amount in the account now (after 10 years) at an interest rate of 12% per year, compounded semi-annually. (10) RM1000 RM3000 RM1500 Figure 1/Rajah 1 F=? 10 YEAR 13 (10)