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Please help me with this? 1.A father is investing 1000 t , every 6 months into a life insurance account for his son. According to

Please help me with this?

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1.A father is investing 1000 t , every 6 months into a life insurance account for his son. According to the contract the insurance company will apply 12% annual interest to the payments and 5 years later the son will be able to withdraw the money. Compute the amount accumulated in this account at the end of the 5th year

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