BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Samy plans to have RM350, 000 in a retirement fund 30 years from now. What monthly ordinary annuity payment should he make if the investment he has selected earns 7.2% annual interest?
A
RM3, 129.09
B
RM871.29
C
RM275.76
D
RM2, 757.59
Explanation: 
There is 1 question to complete.