Question 1
Peter saves RM12 000 into Guinea Bank with an interest rate of 4% per annum.
(a) How much interest will Peter earn after a year?

(b)What is Peter's total savings after a year?

(c) If the interest is compounded once every 4 months, how much will Peter have after a year?

(d)How much interest does Peter get based on the question in 13(c)?

(e) What is the difference in profit value between simple interest and compound interest that stated in 13(b)
and 13(c)? Justify the better interest.

Question 2
Table 1 shows the shares price per unit based on the designated months.

Month | Shares price per unit(RM)
July 1.98
August 2.08
September 1.89
October 2.11
November 1.78
December 1.88
Table 1

Anita and Gordon want to invest an amount of money to buy the shares.
(a)How much share will Anita get if she invests RM36 000 to buy the shares in August?

(b) How much share will Gordon have in December if he invests RM6 000 to buy the shares monthly starting
from July?

(c) What is Gordon's average price per share?

(d) Who is the better investor? Explain.
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