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You have RM19,000 that you plan to invest in a compound interest bearing instrument. Your...

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Accounting

You have RM19,000 that you plan to invest in a compound interest bearing instrument. Your investment agent advises you that you can invest them at 6% compounded semi- annually for three years or you can invest them at 614% compounded annually for three years. Determine the investment to receive the most interest. image
You have RM19,000 that you plan to invest in a compound interest bearing instrument. Your investment agent advises you that you can invest them at 6% compounded semi- annually for three years or you can invest them at 67% compounded annually for three years. Determine the investment to receive the most interest

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