Question: Gelam Tech 1 8 Sdn Bhd is being a leading cyber security company in Malaysia. To strengthen the company portfolio in long term Gelam Tech
Gelam Tech Sdn Bhd is being a leading cyber security company in Malaysia. To strengthen the company portfolio in long term Gelam Tech has a plan on signing up an investment package with a bank. The company net profit is going to be put into a fix deposit account for years tenure with compounde yearly. The term of signing up on the investment package is minimum RM require to be deposited yearly into the fix deposit account. The starting balance of the investment account is RM and Gelam Tect saves the full amount of money available to the account.
i Compute the minimum amount of money, Gelam Tech Sdn Bhd be generated at the end of term. Use the Interest Compound Table
ii Illustrate the complete cash flow timelines in accordance to per investment generated each year.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
