Question: The following table shows the cash return for an initial investment of RM100,000. Assume the savings interest rate is 3% per annum compounded monthly. What
The following table shows the cash return for an initial investment of RM100,000. Assume the savings interest rate is 3% per annum compounded monthly. What is the value of w if the total present value of the cash flow of the investment return for the 3 years is RM100,000?
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