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Miss Borteley, a 40 year old employee of RMU, is setting up a retirement savings account. She plans to make a deposit into this account

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Miss Borteley, a 40 year old employee of RMU, is setting up a retirement savings account. She plans to make a deposit into this account every year on her birthday. She also decides that rather than invest the same amount each year, she will deposit GH3,000.00 on this year's birthday and then increase her annual deposits by 10% on each year's birthday. If her account earns 15% interest per annum, (i) prepare a fund schedule to illustrate the tracking process of the savings. (ii) hence, determine how much she will have on her sixtieth (60th) birthday

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