Mathematics, 05.06.2021 07:50 tia5520

1. To accumulate RM8000 at the end of 3 years, deposits of RM98 are made at the end of each year for the first years and RM196 at the end of each year for

the next 2 years.

Given (1 = )

= 2 where is the annual effective rate of interest.

Calculate .

Answers: 2

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1. To accumulate RM8000 at the end of 3 years, deposits of RM98 are made at the end of each year fo...