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Mr . Phantom needs RM 2 0 , 0 0 0 in 4 years to do a major refurbishing of his violin. Calculate the amount

Mr. Phantom needs RM20,000 in 4 years to do a major refurbishing
of his violin. Calculate the amount must he invest today if his
investment earns 4 percent interest compounded annually to
accumulate the amount.

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