Task 3: apply appropriate knowledge and skills of laws of indices in real life situations. On I March 2021, you save an amount of more than RM5000 (P) in a savings Matured value: MV - P(1+ rin jat account with a rate (r) of 4% per annum and compounded every 6 months (n = 2). (i) What is your total savings each year in 10 years if you do not save or withdraw any amount of money? (ii) Find out the total interest for your savings account. Show your calculations manually and compile them either in a table, Excel or Google Sheet. (iii) On I March 2027, the interest rate changes to 4.5%. What is the total saving on 1 March 2031? Give your justification.

Task 3: apply appropriate knowledge and skills of laws of indices in real life situations. On I March 2021, you save an amount of more than RM5000 (P) in a savings Matured value: MV - P(1+ rin jat account with a rate (r) of 4% per annum and compounded every 6 months (n = 2). (i) What is your total savings each year in 10 years if you do not save or withdraw any amount of money? (ii) Find out the total interest for your savings account. Show your calculations manually and compile them either in a table, Excel or Google Sheet. (iii) On I March 2027, the interest rate changes to 4.5%. What is the total saving on 1 March 2031? Give your justification.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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