At the beginning of year 2008, James Chiro deposited Sh.1,000,000 in an investment account
which earned compound interest at 15% per annum. At the beginning of each subsequent
year, James Chiro deposited a further Sh.500,000 in the same account.
Required:-
(i) The amount of money in the investment account by the end of year 2012
(ii) The percentage interest earned over the investment period.
give correct detailed answers and show your calculations

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