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23-05-2023
Business

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1. RM600 is invested for 4 years 10 months. This investment is offered an interest rate of 9% compounded every three months for the first 2 years and 7% compounded monthly for the rest of the period. Calculate a) the amount at the end of the investment period (RM873.66) b) the interest earned. (RM273.66)

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