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One person made regular deposits with a financial institution for 15 years. In the first 5 years, deposits were made in the final amount of
One person made regular deposits with a financial institution for 15 years. In the first 5 years, deposits were made in the final amount of 2,000 euros. In the next 10 years, deposits will be 200 euros at the end of each month. Calculate a rate of 20% per annum with semi-annual capitalizations, or the accumulated amount collected on the day you made your last deposit.
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