Question

Asked Oct 27, 2019

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Step 1

To work out the amount and the (compound) interest accrued , based on the given data

Step 2

Formula for the amount accrued by investment

Step 3

Note that the number of deposits made = 44 , but for varying values of nt = 44, 43,42,...1 (the first deposit for 11 years, the second for...

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