BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
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Sofi saves RM2, 000 at the end of each six-month period in an ordinary annuity earning 6% interest compounded semiannually. How much will Sofi have saved in 4 years?
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RM16, 000
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RM27, 784.68
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RM32, 000
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RM17, 784.68
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Explanation:
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