Assume that you have invested RM 5,000 in the food company. Calculate your investment value at the of year 10 if the investment received the following interest (i) (ii) 6. Simple interest of 10% per year Compound interest of 10% per year

Assume that you have invested RM 5,000 in the food company. Calculate your investment value at the of year 10 if the investment received the following interest (i) (ii) 6. Simple interest of 10% per year Compound interest of 10% per year

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

6.
Assume that you have invested RM 5,000 in the food company.
Calculate your investment value at the of year 10 if the investment
received the following interest
(i)
(ii)
Simple interest of 10% per year
Compound interest of 10% per year

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