i. Ahmad invested RM40,000 at 6% compounded quarterly. This investment is to support his children’s education. Now, his children are 15,12 and 9 years old. Equal amount will be withdrawn when they reach 18 years old. Find the mount for each withdrawal. ii. Find the accumulated value of RM1,400 for 15 months at 6% compounded continuously

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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i. Ahmad invested RM40,000 at 6% compounded quarterly. This investment is to support his children’s education. Now, his children are 15,12 and 9 years old. Equal amount will be withdrawn when they reach 18 years old. Find the mount for each withdrawal.

ii. Find the accumulated value of RM1,400 for 15 months at 6% compounded continuously

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