Question

Example 7.12
Bakri plans to put aside RM5,000 per year so that he can make a nice down
payment on a BMW car in six years' time. If he makes the payments at the end of
each year and earns 8 % on his deposits, how much will he have accumulated at
the end of six years?
See

Answer 1

Explanation:

Example 7.12

Bakri plans to put aside RM5,000 per year so that he can make a nice down

payment on a BMW car in six years' time. If he makes the payments at the end of

each year and earns 8 % on his deposits, how much will he have accumulated at

the end of six years?

See