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HFT20303: How much money must be put into a bank account yielding 5% annually in order to have RM250 at the end of five years: Financial Management Assignment, UMK, Malaysia
Question 1 How much money must be put into a bank account yielding 5% annually to have RM250 at the end of five years? If you want to have RM20,000 in 10 years, how much money must you put in an investment account today? Assuming that you will get a…
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