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3. A debt of RM 5,000 matures in two years and another of RM 10,000 in five years. If the debtor wants to settle his

3. A debt of RM 5,000 matures in two years and another of RM 10,000 in five

years. If the debtor wants to settle his debts by making two equal

payments, one now and another in three years' time, find these payments

assuming money is worth 5% compounded monthly.[RM 6,618.67]

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