Over the past 8 years, PQR Sdn Bhd has placed varying sums of money into a special capital accumulation fund. The company sells compost produced by garbage-tocompost plants in Malaysia and Indonesia. Figare Q2(b) is the cash flow diagram represent the value of funding. Figure Q2(b) ii) Determine the amount in the account (year 8 ) using an effec

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Over the past 8 years, PQR Sdn Bhd has placed varying sums of money into a special capital accumulation fund. The company sells compost produced by garbage-tocompost plants in Malaysia and Indonesia. Figare Q2(b) is the cash flow diagram represent the value of funding. Figure Q2(b)  ii) Determine the amount in the account (year 8 ) using an effective interest method with an interest rate of  ( 10  %  ) per year, compounded semi-annually

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