BBF201: In order to prepare to send his child to a medical school in the future, Encik Ishak wants to accumulate RM1.5 million: Introduction To Financial Management Assignment, WOU, Malaysia
QUESTION 1 (a) In order to prepare to send his child to a medical school in the future, Encik Ishak wants to accumulate RM1.5 million at the end of 15 years. Assuming that his savings account will pay 4.5% compounded annually, calculate how much he would have to deposit if: i. he wants to deposit […]