10 years. account. 7. Kaolin inherits R65 000 from his mother. He invests the money in a savings The interest rate is 12,5% p.a. compounded monthly for 18 months, and it is then increased to 14,2% p.a. compounded quarterly. At the end of 2 years, he withdraws R15 000. Calculate how much money he has in his savings account at the end of the 5 years