991224
991224 991224
  • 19-01-2017
  • Mathematics
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An amount of $2800 is invested in a superannuation fund at the start of each year for 35 years .The fund is 9% p.a. compounded annually. How much is the investment worth at the end of that time?
(nothing lower then 138k nothing higher then 658k)
your supposed to use superannuation formula

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BrandonTheLeafeon
BrandonTheLeafeon BrandonTheLeafeon
  • 19-01-2017
(e) P/ r - g [ 1 - (1 + g/1 + r)^n]
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