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5 . Suppose, an Investment banker informs LUX paints that if they invest R 5 million today, their investment will grow to an amount of

5 .

Suppose, an Investment banker informs LUX paints that if they invest R

5

million today, their investment will grow to an amount of R

15

million after

8

years. What is the interest rate that the organisation earns on the R

5

million investment?

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