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Problem 1: Meanwhile, his wife Madam Fazzura is planning to buy an apartment for investment purposes. The price of the apartment was RM130,000. She obtained 95 percent financing from the bank. She had RM30,000 in her Account 2. She is also planning to withdraw her EPF to pay for her MBA fees which amounted to RM 16,000. How much can she withdraw from her Account 2, given that paying her MBA fees is her first priority and what will be the balance of her EPF Account 2 be then?
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