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Your contract with your company states that you get one extra month of salary for each year of service in company. Your salary is 12,000

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Your contract with your company states that you get one extra month of salary for each year of service in company. Your salary is 12,000 dirhams per month. You receive the end of service money at the end of y final year with the company. You work 10 years at this company. They pay you 120,000 dirhams. The company puts your extra one month salary at the beginning of each service year in the Stock Market (shares) as an investment giving an annual return of 5%. Calculate the total value of the money in shares af 10 years if the company re-invests all the initial capital and all returns in shares for the whole period of 10 years

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