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Question - After graduation, you have been earning consistently for several months either through employment or self-employment. Even though you are now moderately financially stable, you must still plan your expenses carefully. You would like to purchase a product or service that you have been eyeing for some time now.

1. State the product or service, the amount of money needed to purchase it, and when you plan to purchase it.

2. Decide the type of investment or savings that you think can help you generate enough money to purchase the product or service. Please use the current investments, savings policies, securities etc. currently available in Malaysia.

3. Provide a detailed calculations of expected accumulated money in each investment/saving up until the date of your planned purchase. Use the knowledge that you have learned in Topic 4 of this course to prepare this calculations.

Reference no: EM133102207

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