1. At what rate must RM100 be compounded annually for it grow to RM179.10 in 10 years.

2. What is the present value of a 10 year annuity due of RM1,500 annually given a 10% discount rate?

3. How must we deposit in an 8% savings account paying annual at the end of each year to accumulate RM5,000 at the end of 10 years?

4. You place RM26,000 in a saving account paying compound interest of 8% for 3 years and the move it into a saving account that pay 10% interest compounded annually. How much will your money have grown at the end of six years?

5. What is the present value of the following?

a) RM3,000 perpetuity discounted back to the present at 8%

b) RM10,000 perpetuity discounted back to the present at 12%

c) RM2,200 perpetuity discounted back to the present at 9%

6. If Adam invests RM10,000 in a bank where it will earn 6% interest compounded annually. How much will it be worth at the end

a) 1 year and

b) 5 years

7. If you deposit RM1000 in an account earning 6% quarterly compounding, how much would you have in the account after 5 years?

8. If you deposited RM100 in an account earning 8% compounded quarterly, how much would you have in the account after 5 years?