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(b) You have just inherited a large sum of money which entitle you to receive RM95,000 a year for year one to five and RM100,000

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(b) You have just inherited a large sum of money which entitle you to receive RM95,000 a year for year one to five and RM100,000 a year from year six to ten. If interest rate is 6%, how much is the money worth now? (8)

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