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Shiros grandfather has just announced that hes opened a saving account for Shiro with a deposit of RM10,000. Moreover, he intends to make another nine
Shiros grandfather has just announced that hes opened a saving account for Shiro with a deposit of RM10,000. Moreover, he intends to make another nine similar deposit for the rest nine years at beginning of each year. If the savings account pays 8 percent interest, determine the amount Shiro accumulated at the beginning of 10 years.
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