(1) RM 1,000 1 2 RM 3,000 6 F-? RM 1,500 Figure Q2(b) Determine the amount in the account (year 8) using a nominal interest method with an interest rate of 10% per year, compounded semi-annually.
(1) RM 1,000 1 2 RM 3,000 6 F-? RM 1,500 Figure Q2(b) Determine the amount in the account (year 8) using a nominal interest method with an interest rate of 10% per year, compounded semi-annually.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:(b)
Over the past 8 years, PQR Sdn Bhd has placed varying sums of money into a special
capital accumulation fand. The company sells compost produced by garbage-to-
compost plants in Malaysia and Indonesia. Figure Q2(b) is the cash flow diagram
represent the value of funding.
(1)
RM 1,000
2 3
RM 3,000
4
5 6
RM 1,500
Figure Q2(b)
Determine the amount in the account (year 8) using a nominal interest
method with an interest rate of 10% per year, compounded semi-annually.
CON
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