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(Bmarks) 6) Amira owns an investment which is expected to produce an annual income of RM25,000 for 8 years, but starting 4 years from now.

(Bmarks) 6) Amira owns an investment which is expected to produce an annual income of RM25,000 for 8 years, but starting 4 years from now. What is the investment's worth today if rate of interest is 7% per annum. (3marks)

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