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You have agreed to invest in a new business scheme that has promised to pay RM 2 , 0 0 0 every year starting at

You have agreed to invest in a new business scheme that has promised to pay RM2,000 every year starting at the end of year 5 from now, assuming it earns 9% per annum. This will continue to pay the same the amount each year for 10 years once started. What will be the present value of this business opportunity be?

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