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
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here