(b) Aminah plans to buy a house in Shah Alam which the market price is RM450,000. To buy the house, she needs to pay 10 percent down payment and only has 5 years to accumulate that amount of money....


(b) Aminah plans to buy a house in Shah Alam which the market price is RM450,000. To buy the house, she needs to pay<br>10 percent down payment and only has 5 years to accumulate that amount of money. Calculate the amount she needs to<br>deposit every year if the account pays 8 percent interest annually.<br>

Extracted text: (b) Aminah plans to buy a house in Shah Alam which the market price is RM450,000. To buy the house, she needs to pay 10 percent down payment and only has 5 years to accumulate that amount of money. Calculate the amount she needs to deposit every year if the account pays 8 percent interest annually.

Jun 07, 2022
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