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Mathematics, 20.03.2020 12:54 danielahchf

Encik Zulhazim deposited RM8000 in a fixed deposit account at Bank T for 2 years with interest rate of 5% per annum. What is the difference between the amount of interests Encik Zulhazim earned if he was given compound interest (compounded once every 4 months) compared to simple interest?


Encik Zulhazim deposited RM8000 in a fixed deposit account at Bank T for 2 years with interest rate

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