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Mari Kei has a child who will start college in 10 years. She plans to set aside RM2,400 per year for her child's education during

Mari Kei has a child who will start college in 10 years. She plans to set aside RM2,400 per year for her child's education during this period and estimates she will earn an annual rate of 8%. How much will Mari Kei have available for her child's education in 10 years? (5 marks)

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