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 Commercial Arithmetic 2 Video Questions and Answers

Pauline deposited sh.1, 500 in a savings account at the beginning of the year. Compound interest on the money is calculated at the rate of 15% per annum.At the beginning of the subsequent year she deposited sh.1,500 in the same amount .Calculate the amount of money she will have in her account at the end of 5th year.

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