Question: ..! 21 Normal IN X A AB - ay. A + PFM3023 A2...H (5).docx PFM3023 A2...ONE.docx 40 44 34 36 38 24 28 30 32

 ..! 21 Normal IN X A AB - ay. A +

..! 21 Normal IN X A AB - ay. A + PFM3023 A2...H (5).docx PFM3023 A2...ONE.docx 40 44 34 36 38 24 28 30 32 22 26 20 8 10 12 18 14 16 a. QUESTION 1 (20 MARKS) You have won a total of RM75,000.00 from a contest participating in a reality television program. The prize money will be used to make future investments and that can promise returns for each year. After looking at several investment options available in the market, there is an opportunity where you will receive a return of RM40,000.00 for 5 years earned at the end of the year. However, the returns can only be earned in the 4th year until the 8th year. REQUIRED: Assuming the rate of return is 20%, is the amount of prizes you earn enough to choose the investment you are currently considering. Show calculations to support your answer. [8 marks] b. Mr Kamal received RM 100,000 from his father from the sale of a piece of land near thei residence. He plans to use the money to buy her dream house prth the same as the amount he received from her father. At the same time, Encik Kamal was also approache by his friend who runs a business who invited him to invest in his business by offering of PM660 for 30 years. This situation make him in confusion whether to b

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