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An investor pays 80 at the start of each month into a 25-year savings plan. The contributions accumulate at an effective rate of interest

An investor pays 80 at the start of each month into a 25-year savings plan. The contributions accumulate at 

An investor pays 80 at the start of each month into a 25-year savings plan. The contributions accumulate at an effective rate of interest of 3% per half-year for the first 10 years, and at a force of interest of 6% per annum for the final 15 years. Calculate the accumulated amount in the savings plan at the end of 25 years. [6]

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