Given the rate of simple interest per year is \(6\%.\)
Find the number of years required for the savings \(\text{RM}10\space000\) to increase to \(\text{RM}14\space200.\)
Najwa invests \(\text{RM}10\space000\) in stock.
Two years later, she sold the stock for \(\text{RM}12\space000.\)
What was the return on her investment?
Cik Lisa bought unit trusts worth \(\text{RM}20\text{ } 000.\)
After three years, Cik Lisa sold all the unit trusts.
She received \(\text{RM} 21\text{ }200.\)
During three years of holding the unit trusts, she received \(\text{RM}1\text{ }600\) dividend.
Calculate the return on investment by Cik Lisa.
Sarah open a savings account with \(\text{RM 5500}.\)
The bank pays a simple interest of \(2.4\%\) per annum for a year.
How much interest is earned after
\(8\) months?
Puan Jamilah has deposited \(\text{RM}5\space000\) in a bank and the interest is compounded twice a year at \(8\%.\)
How much money does Puan Jamilah have at the end of the year?
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