A bank offers an interest rate of 5.2% per annum for saving in a fixed deposit account. If Puan Rafeah save RM12000 at the beginning of the year, calculate the amount of money in Puan's Rafeah fixed deposit account at the end of the year if the interest is compounded : a) once every 4 months b) once every 2 months
A bank offers an interest rate of 5.2% per annum for saving in a fixed deposit account. If Puan Rafeah save RM12000 at the beginning of the year, calculate the amount of money in Puan's Rafeah fixed deposit account at the end of the year if the interest is compounded : a) once every 4 months b) once every 2 months
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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A bank offers an interest rate of 5.2% per annum for saving in a fixed deposit account. If Puan Rafeah save RM12000 at the beginning of the year, calculate the amount of money in Puan's Rafeah fixed deposit account at the end of the year if the interest is compounded :
a) once every 4 months
b) once every 2 months
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