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Both John and Mary are aged 20 now. John plans to contribute$100 per month in advance into his superannuation fund for 20 yearsand stop contributing thereafter. Mary plans to start contributiing$200 per month in advance into her superannuation fund at her 40thbirthday until she retires. They both plan to retire at age 60. Ifthe annual rate of return is 06.00%, what are the accumulatedvalues of their superannuation accounts at retirement?
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