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Please drop your answer by taking picture of your sheets and paste it here. Thanks!

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Quiz 2

1.       Assume En Nabil has this intention to buy a car that is worth RM 16,105 four years from now. How much En Nabil invest today in a bank account that pays 10% interest rate annually, so that the amount he invested will multiply sufficiently for him to purchase his dream car four years later?

2.       What will a deposit of RM 5,000 left in the bank is worth under the following conditions?

a.       Left for 5 years at 7% interest.

b.       Left for 20 years at 10% interest

3.       You want to buy a motorcycle costing RM 40,000 in RM 5 years. You plan to save your money by making equal payments (monthly) in your bank account, which pays 12% compounded annually. How much you deposit each month?

4.       Aiman purchased a car for RM 85,000. He paid RM 25,000 upfront and agreed to pay the rest over the next 10 Years in 10 equal payments which include principal payments plus 6% interest on the unpaid balance. Determine the amount of equal payments.

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No 1

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Haiman

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Delisha

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Aiman Azwani

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Amzar muhaimin 18050008

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Arief Najmi Bin Abdul Latif
18040046

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Quiz

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No 2

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18060023 ( DAM 3A)

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Isma Izzul Bin faisal (18080016)

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Page 1

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Shelviana ayu arzak
18040085

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Page 2

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Dhinagaran (18090015) (DAM 2)

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Jawapan 1 & 2.

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Aiman Azwani

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Page 2

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Yong syahira 18050088

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Jawapan 3 & 4.

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Haiqal Damirel

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Dhinagaran (18090015) (DAM 2)

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mohammad farhan bin azizan 18070003

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Shelviana ayu arzak
18040085

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Wandih bin abu bakar
18100003

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mohammad farhan bin azizan 18070003

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Azrezaref 18050051

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Azrezaref 18050051

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Amirul Akmal

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Muhammad syahmi bin roslan
18060009
Dpp3

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Wan muhd aminor rashid
18050026
Dpp 3

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NurNazifa Hanim Bt Sabri

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Adibah (dpp3) 18070007

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Ganesh Ram Sundram DPP3 18070094

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nurul najihah dpp 3 (18070213)

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Muhammad Syahmi Bin Roslan
18060009
Dpp3

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NURUL NABILA DPP3