HFT20303: How much money must be put into a bank account yielding 5% annually to have RM250 at the end of five years?
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 6% return annually.
En. Azman has confirmed that the company will get an additional investment worth RM1 million from his partner company based in Indonesia. His partner promises to inject the money now and wants to see the investment growth result in 5 years. If the growth rate is 7% per annum, what will the value of the investment be after 5 years?
How much an initial investment of RM200 will grow if it is invested today at 8% compounded semiannually for 4 years?
What is the present value of RM400 to be received at the end of every year for 10 years, if the discount rate is 5% annually?
What is the value of your investment at the end of the 10th year if you deposited RM1,000 at the beginning of each year? Assume you can earn a 12% return on your investment.
You have a study loan of RM24,000 to continue your master’s degree. You plan to make annual payments over an a5-year period. The bank has offered you a 2% interest rate. Calculate the total amount of payment you will pay the bank every year and create an amortization schedule for the loan.
