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Cameron is saving for his retirement 24 years from now by setting up a savings plan. He has set up a savings plan wherein he
Cameron is saving for his retirement 24 years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $135.00 at the end of every six months for the next 15 years. Interest is 6% compounded semi-annually.
- How much money will be in his account on the date of his retirement?
- How much will Cameron contribute?
- How much will be interest?
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