Question: QUESTION 2 A- If Dolly invests RM 6,000 at a simple annual interest rate of 5%, what the future value of her investment at the

QUESTION 2

A- If Dolly invests RM 6,000 at a simple annual interest rate of 5%, what the future value of her investment at the end of a five-year period will be?

B- Sharon is developing her personal budget. She intends to save 10% of her income, use 38% of her income for housing and utilities, spend 14% on food, devote 20% to transportation, and set aside the rest for clothing, recreation, and entertainment. She earns RM958 per month. How much money does she plan to spend on clothing, recreation, and entertainment each pay period?

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