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It is Jan 1 in 2020. A person puts 1000 per month (starting 31 Jan) into their superannuation and earns 6% interest (tax free). They

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It is Jan 1 in 2020. A person puts 1000 per month (starting 31 Jan) into their superannuation and earns 6% interest (tax free). They retire on 31 Dec 2059. Assuming monthly compounding how much do they have in the bank when they retire. Use the annuity formula

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