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4 . 1 If you are 2 0 years of age and save R 2 0 each day for the rest of your life. At

4.1 If you are 20 years of age and save R20 each day for the rest of your life. At the age of 60
years, how much will that investment worth if the annual interest rate is 10%.(5)
4.2 NM borrow R270000.00 from his credit card facility to build a house. The interest rate on
the loan is 0.5% per mon

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