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{"ops":[{"insert":"Start saving for retirement immediately! Even a modest amount will add up in a hurry. Jay decides to\nfollow this advice and puts away 1% of his annual salary of Php 500,000 per year. This equates to\nPhp 5,000 on his 21st birthday, and his salary will increase by 2% (on average) every year thereafter\nuntil Jay turns 60 years old. What is the worth of Jay\u2019s account at age 60 when the annual interest\nrate on Jay\u2019s account is 4% per year?\n"}]}
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