Q2 (a) Maintenance cost for CNC Milling machine was RM 10,000 in year 1 through 3...
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Q2 (a) Maintenance cost for CNC Milling machine was RM 10,000 in year 1 through 3 and RM 20,000 in year 4 through 9. Determine the present worth at an interest rate of 4.5 % per year. (20 marks) Q2 (b) Table 1 shows deposit into saving account with rate of return 8% per year. Determine the future value at year 9. (25 marks) Table 1: Deposit Money into Saving Account Information Year Deposit, RM per year 0 2 3 4 5 6 800 2,000 2,000 2,000 1,800 1,600 1,400 Q2 (a) Maintenance cost for CNC Milling machine was RM 10,000 in year 1 through 3 and RM 20,000 in year 4 through 9. Determine the present worth at an interest rate of 4.5 % per year. (20 marks) Q2 (b) Table 1 shows deposit into saving account with rate of return 8% per year. Determine the future value at year 9. (25 marks) Table 1: Deposit Money into Saving Account Information Year Deposit, RM per year 0 2 3 4 5 6 800 2,000 2,000 2,000 1,800 1,600 1,400
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