1. Minal Enterprise invest RM 10000 now, RM5000 two years from now and RM 3000 five...

  

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1. Minal Enterprise invest RM 10000 now, RM5000 two years from now and RM 3000 five years from now. a) Determine how much money is accumulate at the end of seven years. b) Determine how much money can be drawn yearly for three years starting year; i) ii) 6 10 Assume i 10% per year = 1. Minal Enterprise invest RM 10000 now, RM5000 two years from now and RM 3000 five years from now. a) Determine how much money is accumulate at the end of seven years. b) Determine how much money can be drawn yearly for three years starting year; i) ii) 6 10 Assume i 10% per year =

Answer rating: 100% (QA)

a To determine how much money is accumulated at the end of seven years we need to calculate the futu... View the full answer