2. 5 years ago, Aswad invested RM5660 in a bank at a rate of 12% compounded monthly. Using S=P(1+i)^n. No use excel. Find: a) the amount in the account today (RM XXXXXXXXXX) b) the number of years...

2. 5 years ago, Aswad invested RM5660 in a bank at a rate of 12% compounded monthly. Using S=P(1+i)^n. No use excel. Find: a) the amount in the account today (RM10282.50) b) the number of years required if Aswad wanted the amount in the account to become RM22344.26. (11.5 years)

Jun 03, 2022
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