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9. An investor pays 120pa into a savings account for 12 years. In the first four years, the payments are made annually in advance. In
9. An investor pays 120pa into a savings account for 12 years. In the first four years, the payments are made annually in advance. In the second four years, the payments are made quarterly in advance. In the final four years, the payments are made monthly in advance. Calculate the accumulated amount in the savings account at the end of the 12 years assuming an interest rate of 6%pa convertible half-yearly
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