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Workings
Contributions
Contribution Frequency Factor]
Total Contributions per Year
12
$1,200.00
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Growth
Year
Starting Balance
Annual Contributions
Interest earned
Potential balance
Total contributions
Initial deposit
1
100
1,200
10
1,310
1,200
100
2
1,310
1,200
131
2,641
2,400
100
3
2,641
1,200
264
4,105
3,600
100
4
4,105
1,200
411
5,716
4,800
100
5
5,716
1,200
572
7,488
6,000
100
6
7,488
1,200
749
9,437
7,200
100
7
9,437
1,200
944
11,581
8,400
100
8
11,581
1,200
1,158
13,939
9,600
100
9
13,939
1,200
1,394
16,533
10,800
100
10
16,533
1,200
1,653
19,386
12,000
100
11
19,386
1,200
1,939
22,525
13,200
100
12
22,525
1,200
2,253
25,978
14,400
100
13
25,978
1,200
2,598
29,776
15,600
100
14
29,776
1,200
2,978
33,954
16,800
100
15
33,954
1,200
3,395
38,549
18,000
100
16
38,549
1,200
3,855
43,604
19,200
100
17
43,604
1,200
4,360
49,164
20,400
100
18
49,164
1,200
4,916
55,280
21,600
100
19
55,280
1,200
5,528
62,008
22,800
100
20
62,008
1,200
6,201
69,409
24,000
100
21
69,409
1,200
6,941
77,550
25,200
100
22
77,550
1,200
7,755
86,505
26,400
100
23
86,505
1,200
8,651
96,356
27,600
100
24
96,356
1,200
9,636
107,192
28,800
100
25
107,192
1,200
10,719
119,111
30,000
100
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₭
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LBP
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LRD
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MYR
RM
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MUR
₨
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MXN
$
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MNT
₮
Moroccan-dirham
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MZN
MT
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NAD
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NPR
₨
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ANG
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NZD
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NIO
C$
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₦
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﷼
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₨
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B/.
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PEN
S/.
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Дин.
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SOS
S
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SEK
kr
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CHF
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SYP
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TWD
NT$
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THB
฿
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TTD
TT$
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TRY
₺
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TVD
$
Ukraine Hryvnia
UAH
₴
Uruguay Peso
UYU
$U
Uzbekistan Som
UZS
лв
Venezuela Bolívar
VEF
Bs
Viet Nam Dong
VND
₫
Yemen Rial
YER
﷼
Zimbabwe Dollar
ZWD
Z$
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