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Ramesh wishes his grandchildren to have RM1 million 50 years from now. If the fixed deposits interest rate is 7% per year, how much is

Ramesh wishes his grandchildren to have RM1 million 50 years from now. If the fixed deposits interest rate is 7% per year, how much is needed now to achieve this?

Select one: A. RM31,947.76 B. RM33,947.76 C. RM32,947.76 D. RM34,947.76

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