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Without using finance calculator, Question 4 Refer to Johan's investment account, i.e. the monthly deposits made into his investment account: Year Monthly deposits 2017 SR

Without using finance calculator,

Question 4

Refer to Johan's investment account, i.e. the monthly deposits made into his investment account:

Year Monthly deposits

2017 SR 500

2018 SR 400

2019 SR 700

Find the value of his investment at the end of 2019 if the investment rate was 12% compounded monthly. Find also the interest earned.

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