Every month, Julia saves RM350 in an account that pays 5% compounded monthly
for 8 years.
a) Calculate the accumulated amount at the end of 8 years. (4 marks)
b) Calculate the amount of interest received by Julia at the end of 8 years.
(2 marks)
c) Julia added RM5,000 to her savings account but stopped her monthly
instalments. How much did Julia have in her account in 10 years from her
initial savings? (4 marks)