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b ) Your father invested a lump sum 2 8 years ago at 4 . 0 5 percent annual interest. Today, he gave you the

b) Your father invested a lump sum 28 years ago at 4.05 percent annual interest. Today, he
gave you the proceeds of that investment, totalling RM48,613.24. How much did your father
originally invest?
(5 marks)

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