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ii. iii. Calculate the equivalent level effective rate of return over the four year-period. If RM7500 is invested in the year 2016, under the same interest environment, calculate the return of investment in the year 2020.

ii. iii. Calculate the equivalent level effective rate of return over the four year-period. If RM7500 is invested in the year 2016, under the same interest environment, calculate the return of investment in the year 2020.

Essentials Of Investments
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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ii. iii. Calculate the equivalent level effective rate of return over the four year-period. If RM7500 is invested in the year 2016, under the same interest environment, calculate the return of investment in the year 2020.
Transcribed Image Text:ii. iii. Calculate the equivalent level effective rate of return over the four year-period. If RM7500 is invested in the year 2016, under the same interest environment, calculate the return of investment in the year 2020.
Consider the return of investment as given in the following table: Year 2016 2017 2018 2019 2020 Amount (RM) 5000 5175 5394.94 5705.15 6047.46
Transcribed Image Text:Consider the return of investment as given in the following table: Year 2016 2017 2018 2019 2020 Amount (RM) 5000 5175 5394.94 5705.15 6047.46
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