Asked by Farah

Find the sum to be invested now at 6% compounded monthly so as to accumulate RM8 888 in three years
Answered by oobleck
P(1 + 0.06/12)^(12*3) = 8888
Answered by Aiman
Find the amount to be invested now at 6% compounded monthly so as to accumulate RM8,000 in 3 years.
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