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Amal Kumar sharing with you some videos on entities let me thank all the viewers and subscribers for liking my videos and watching them consistently here is an excellent question from one of our subscribers and I hope solution of this will help many others the question here is Jeff is saving for his retirement 24 years from now by setting up a savings plan he has set up a savings plan where he will deposit $120 at the end of every six months for the next 10 years interest is 11 percent compounded semi-annually so say ordinary annuity we are paying at the end of six months and interest is matching with it how much money will be in his account on the date of his retirement body what Bs how much will Jeff contribute and sees how much will be the interest so thats a very important question and its very practical so lets try to understand this particular question it says Jeff is saving for his retirement twenty four years from now so lets say from now to this it is twenty four years ri