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Ahmed invests BD 7 million into an annuity for his retirement. The annuity returns 3% compounded annually. How long will it take BD 9000 to
Ahmed invests BD 7 million into an annuity for his retirement. The annuity returns 3% compounded annually. How long will it take BD 9000 to accumulate to BD 27000 if the interest rate is at 8% compounded semi- annually?
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