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| rev | Admin | (Created page with "An actuary invests 1000 at the end of each year for 30 years. The investments will earn interest at a 4% annual effective interest rate and, at the end of each year, the interest will be reinvested at a 3% annual effective interest rate. Calculate the accumulated value of the investment at the end of the 30-year period. <ul class="mw-excansopts"><li>51,625</li><li>53,434</li><li>55,260</li><li>58,437</li><li>58,938</li></ul> {{soacopyright | 2023 }}") | Nov 18'23 at 20:51 | +456 |