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Period 2 : Last 3 years with 5 % interest compounded monthly Where A 2 = A 1 ( 1 + r 2 n 3
Period : Last years with interest compounded monthly
Where
RM is the amount ather the first period
is the annual interest rate for the second period
is the number of times inferest is compounded per year
is the lime in years for the second period
~~
L Amount at the end of investment period: RM
ii Interest earned: RM
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