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46 Ramesh wishes his grandchildren to have RM1 million 50 years from now. If the fixed deposit's interest rate is 7%6 per year, how much

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46

Ramesh wishes his grandchildren to have RM1 million 50 years from now. If the fixed deposit's interest rate is 7%6 per year, how much is needed now to achieve this? Select one: A. RM32,947.76 B. RM34,947.76 C1 FM33,947.76 D. RM 31,947.76

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