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?
|
|
RM12, 148.68
|
|
|
RM2, 602.02
|
|
|
RM2, 933.30
|
|
|
RM22, 880.98
|
Explanation:
There is 1 question to complete.