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QUESTION 1 Halimah plans to retire in 2 0 years and wants to ensure a monthly income of RM 2 , 5 0 0 during

QUESTION 1
Halimah plans to retire in 20 years and wants to ensure a monthly income of RM2,500
during her retirement. If the annual interest rate is 6.5% compounded quarterly,
a) How much should she deposit the money today?
b) How much of the total interest earned?
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