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Calculate the future value of an annuity

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Reference no: EM133001383

Question - Select any THREE (3) commercial banks in Malaysia. Based on the savings account current interest rates offered by the banks, calculate the future value of an annuity of RM80,000 made at the beginning of every year for 10 years. Analyse and compare the effect of the interest rates offered by the banks on the total savings.

Reference no: EM133001383

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