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4.3 You decide to put R12,000 in a money market fund that pays interest at the annual rate of 8.4%, compounding it monthly. You plan

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4.3 You decide to put R12,000 in a money market fund that pays interest at the annual rate of 8.4%, compounding it monthly. You plan to take the money out after one year and pay the income tax on the interest earned. You are in the 15% tax bracket. Find the total amount available to you after taxes

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