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Calculate the accumulated value at the end of year 23 of the following payments made into a savings plan: 2732 paid at the end of
Calculate the accumulated value at the end of year 23 of the following payments made into a savings plan: 2732 paid at the end of each year for years 2 to 6 and then 832 paid at the beginning of each year for years 11 to 23. Consider that the fund accumulates compoundly at an effective rate of interest of 5.6% pa and there are made no withdrawals from the fund during the term
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