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A Pensioner Is Receiving 100,000 Per Year. Assuming That The Rate Of Interest Is 12% Per Annum. Calculate The Future Value Of This Amount At The End Of 5 Years Show Calculations. - Math Discussion

A pensioner is receiving 100,000 per year. Assuming that the rate of interest is 12% per annum. Calculate the future value of this amount at the end of 5 years show calculations.