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32. You want to raise enough funds to cater for your daughters education at the...

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Accounting

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32. You want to raise enough funds to cater for your daughters education at the university in seven years' time. If you deposit GHC 4,000 at the end of each year into a special fixed deposit account for 7 years, how much will the money grow to at the end of the 7 years if the bank pays 28% interest on such deposits

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