INTRODUCTION TO FINANCIAL MANAGEMENT

All answer need attach calculation table and explain.

Question B need table form

lo) Susan plans to save RM2,5UO every year for the following three years. There is no money set aside for years four and five. Determine how much Susan will have at the end of the fifth year if all investments earn 2%. (6 marks) c) Zayd invested RM10,0{JU in Bank A three years ago. The bank pays 8% simple interest per annum. He decided to withdraw all the money accumulated in that bank and invest in Bank Z that gives 5% interest compounded quarterly. He plans to keep the money for 4 years in Bank Z. Calculate the accumulated amount at the end of the fourth year. (4 marks) d) u- Sofea plans to buy a condominium when she graduates from Wawasan Open University three years from now. The condo's selling price is expected to be RM240,000 in three years' time and she will need 10% of the selling price as a deposit to book the condo. If she puts RM6,{){II{) now in an account that yields 15% interest compounded semi- annually, calculate how much more would she need to deposit soon after she has graduates. (5 marks}