BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An ordinary annuity was purchased 5 years ago. The annuity pays 8% compounded quarterly. The quarterly payments have been RM500. What is the total value of the annuity to date?
A
RM12, 148.68
B
RM2, 602.02
C
RM2, 933.30
D
RM22, 880.98
Explanation: 
There is 1 question to complete.