Alex opens a savings account with \(\text{RM2}\,000.\)
The bank pays a simple interest of \(5\%\) per annum.
What is the total interest earned after \(4\) years?
Kamal deposited \(\text{RM 6500}\) with interest
\(4\%\) per annum compounded monthly.
Calculate the amount of Kamal's savings after \(3\) years.
Mr. Mutalib sets up a homestay on the lot of land purchased at \(\text{RM}300\space000.\)
The overall cost of setting up this homestay is \(\text{RM}500\space000.\)
What is the potential risks and return of the investment made by Mr. Mutalib.
Encik Mutalib sets up a homestay on the lot of land purchased at \(\text{RM}300\space000.\)
What is the potential risks, return and liquidity of the investment made by Encik Mutalib.
Risk: Low, Return: High, Liquidity: Low
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