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(Solved): 1. Calculate the present value for the cost of RM 10,000 which will be spent for 20 years if the i ...
1. Calculate the present value for the cost of RM 10,000 which will be spent for 20 years if the interest: (1) 15% per year. (ii) 15% per year compounded two times a year. Answer: i) RM 661 ii) RM 554.19