Question: Q2 Juliana is considering four saving plans for her future. Each saving plan gives a different interest rate. She plans to save RM 3,500

Q2 Juliana is considering four saving plans for her future. Each savingplan gives a different interest rate. She plans to save RM 3,500

Q2 Juliana is considering four saving plans for her future. Each saving plan gives a different interest rate. She plans to save RM 3,500 each year for 10 years. With the savings, she plans to withdraw RM 8,000 each year for three years after the 10 years of saving period ends. Later, in the fourth and fifth year, she wants to withdraw about RM 5,000 per year. And for the following year, she wants to withdraw the remaining money from her account. Based on the interest rate given in Table Q2 for four (4) saving plans in her consideration, choose one interest rate and answer the following questions.

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