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Question 4 Mr . Wong needs RM 1 0 0 , 0 0 0 , 1 0 years from now for his son's education. From

Question 4
Mr. Wong needs RM100,000,10 years from now for his son's education. From a survey he realized that banks are paying an average of 6% interest computed by using compound interest every 6 months. How much does Mr. Wong need to put into the bank now in order to have that sum after 10 years?
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