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Paul has made a decision to invest Kshs 600,000 every year for a period of 15 years. If the annual interest is 12% p.a. for

Paul has made a decision to invest Kshs 600,000 every year for a period of 15 years. If the annual interest is 12% p.a. for the first 8 years and then 10 % for the remaining 7years determine the total amount receivable after 12 years.

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