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Mr. Grossman has $10,00000 in Money Master Savings account at 52 compounded semiannually and decided to invest $1,00000 at the end of every six month

Mr. Grossman has $10,00000 in Money Master Savings account at 52 compounded semiannually and decided to invest $1,00000 at the end of every six month for the next 4 years to buy a new car What will be the balance in the account at the end of the four-year term How much of the accumulated value in this account will be interested to stop working fulltime by the age of 45 and said that as a financial adviser, his work experience helps him manage his own money.

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