Questions Amount of RM1-Student
Questions Amount of RM1-Student
QUESTION 1
How much would an investor have if he placed RM500 in an
account earning 2% compound interest for 3 years?= RM
QUESTION 2
How much would an investor have if he placed RM500 in an
account earning 2.5% compound interest for 4 years?=RM
QUESTION 3
How much would an investor have if he placed RM18000 in an
account earning 4% compound interest for 8 years and 6 months?
=RM
QUESTION 4
En Edy recently deposited RM25,000 in a bank for a period of 15
years. However, he plans to withdraw RM 5000 in the 5th year and
RM2,000 in the 10th year. Assuming the current rate of interest is
7.5% p.a. calculates the amount at the end of the 15th year. RM6
QUESTION 5
Seven years ago, RM20,000 was invested at 8% p.a. Last year, the
rate of interest increased at 3%. Calculate the sum available today. =
RM
QUESTION 6
Ten years ago, RM50,000 was invested at 9% p.a. Last year, the rate
of interest decreased at 2%. Calculate the sum available today. RM
QUESTION 7
Qaisara invested RM10,000 in the year 2004 at an interest rate of 5%
per annum. After five years the rate of interest increased at 1%.
Calculate the sum available today. RM
QUESTION 8
En Amy recently deposited RM10,000 in a bank for a period of 15
years. However, he plans to withdraw RM 3,000 in the 5th year and
RM4,000 in the 11th year. Assuming the current rate of interest is
7.5% p.a. calculates the amount at the end of the 15th year. RM