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Anita is going to graduate from Wawasan Open University three years from now. She is confident of earning a monthly salary of RM2,500 for her first job.
If she plans to save RM10,000 as the down payment for buying a new car after 2 years, how much must Anita save monthly in a savings account with an interest rate of 2% p. A. Compounding monthly.

Sagot :

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