b) Compute the present value of RM5,000 per year at a discount rate of 6%, if the first payment is received 8 years from
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b) Compute the present value of RM5,000 per year at a discount rate of 6%, if the first payment is received 8 years from
b) Compute the present value of RM5,000 per year at a discount rate of 6%, if the first payment is received 8 years from now and the last payment is received 25 years from (8 marks) now.
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