Question: ASSIGNMENT 2 Select any TWO commercial banks in Malaysia. Based on the current interest rates offered by the banks, calculate the future value of annuity

ASSIGNMENT 2 Select any TWO commercial banks in Malaysia. Based on the current interest rates offered by the banks, calculate the future value of annuity of RM300,000 made at the beginning of every year for 10 years. Analyse and compare the effect of the interest rates offered by the banks on the total savings. [Total: 40 marks]

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