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Villa Golf is doing a new promotion for new members in the reopening after COVID Restrictions. The deal says the annual Villa Golf membership is
Villa Golf is doing a new promotion for new members in the reopening after COVID Restrictions. The deal says the annual Villa Golf membership is 300 Dollars which increases the annual membership by 1.8% every year. If you renew the membership every year for 15 years the membership becomes free after 15 years. Calculate the interest charged on the membership plan. (DO NOT USE A FINANCIAL CALCULATOR OR ANY OTHER SOFTWARE)
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