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6.1 You have invested R10 000 in a savings account at 20% p.a. compound interest for 10 years. Calculate the end value of the investment.

6.1 You have invested R10 000 in a savings account at 20% p.a. compound interest for 10 years. Calculate the end value of the investment. (4)

6.2 You invest R3 600 per year for 10 successive years (at the end of each year) in a savings account at 15% p.a. compound interest. What will the end value in the savings account be? (4)

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