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For the last three years, an investor has paid 1 0 0 at the end of each month into a saving account that has achieved
For the last three years, an investor has paid at the end of each month into a saving account that has achieved a real rate of interest of per annum over this period. If inflation has been at a constant rate of per annum, calculate the balance of the investor's account today.
For the last three years, an investor has paid at the end of each month into a saving account that has achieved a real rate of interest of per annum over this period. If inflation has been at a constant rate of per annum, calculate the balance of the investor's account today.
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