QUESTION 14
The price of a van is RM150,000. DEPO company bought the van through an instalment plan
of 9 years and the interest rate charged was 7% compounded monthly. Find the monthly
payment.
(4 points)
JULY 2019
QUESTION 13
Syifa has to pay RM200 every month for 36 months to settle a loan at 3% compounded
monthly. What is the original value of the loan?
(3 points)
QUESTION 14
Find the amount to be invested every six months at 8% compounded semi-annually to
accumulate RM70,000 in ten years.
(4 points)
45