1.   At what rate must RM50,000 to grow to 406,855 in 15 years compounded annually? Select one: a. 19% b. 20% c. 18% d. 15%   2.How long RM152,091.826 grow to RM708,900 with a 8% compounded annually? Select one: a. 12 years b. 15 years c. 20 years d. 10 years   3.If you deposit RM15,000 in an account earning 12%, how much would you have in the account after 15 years? Select one: a. RM87,869 b. RM83,456 c. RM82,104 d. RM82,879   4.If you deposit RM3,305 in an account earning 12%, how much would you have in the account after 15 years? Select one: a. RM18,090 b. RM23,456 c. RM12,879 d. RM17,869   5.If you deposit RM5,072 in an account earning 9%, how much would you have in the account after 15 years? Select one: a. RM18,474.76 b. RM17,869.90 c. RM12,879.67 d. RM23,456.89

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8EB: You put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how...
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1.   At what rate must RM50,000 to grow to 406,855 in 15 years compounded annually?

Select one:

a. 19%

b. 20%

c. 18%

d. 15%

 

2.How long RM152,091.826 grow to RM708,900 with a 8% compounded annually?

Select one:

a. 12 years

b. 15 years

c. 20 years

d. 10 years

 

3.If you deposit RM15,000 in an account earning 12%, how much would you have in the account after 15 years?

Select one:

a. RM87,869

b. RM83,456

c. RM82,104

d. RM82,879

 

4.If you deposit RM3,305 in an account earning 12%, how much would you have in the account after 15 years?

Select one:

a. RM18,090

b. RM23,456

c. RM12,879

d. RM17,869

 

5.If you deposit RM5,072 in an account earning 9%, how much would you have in the account after 15 years?

Select one:

a. RM18,474.76

b. RM17,869.90

c. RM12,879.67

d. RM23,456.89

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