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Example 8.12 Bakri plans to put aside RM5,000 per year so that he can make a nice down payment on a BMW car in 6

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Example 8.12 Bakri plans to put aside RM5,000 per year so that he can make a nice down payment on a BMW car in 6 years' time. If he makes the payments at the end of each year and earns 8 % on his deposits, how much will he have accumulated at the end of 6 years

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