Question: Can u answer all QUESTION 3 (10 MARKS) At average annual interest rate 12% compounding quaterly invested in unit trust, how much must it be

Can u answer all

QUESTION 3 (10 MARKS)

  1. At average annual interest rate 12% compounding quaterly invested in unit trust, how much must it be if RM300,000 been put into that account today after 10 years?

(5 marks)

  1. Abu would like to retire with cash in hand RM1,000,000. Find how long it will take if he would like to deposit in fixed deposit for RM200,000 with the rate of 4%.

(5 marks)

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