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1. Jenny would like to receive an annuity of RM5,000 semiannually for 10 years after she retires. She will retire in 20 years. Money is

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1. Jenny would like to receive an annuity of RM5,000 semiannually for 10 years after she retires. She will retire in 20 years. Money is worth 8%, compounded semiannually. d) Compute the interest that the single deposit earns before the annuity ends. [2m]

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