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QUESTION

Mazidah and Shukri want to save RM 10,000 for a down payment on a home they hope to buy in 2 years.

Mazidah and Shukri want to save RM 10,000 for a down payment on a home they hope to buy in 2 years. They invest RM 4,400 at the end of every six months in an account earning 9 % compounded semi-annually

Explain the concept of the Principal and Maturity value

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