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A business woman has R 5 0 0 0 0 0 0 accumulated in her retirement fund at the time of her retirement. She uses

A business woman has R5000000 accumulated in her retirement fund at the time of her retirement. She uses this amount to purchase a retirement annuity. If the annuity offers an interest rate of 11,2% p.a. then the monthly income, to the nearest cent, that she will receive from the annuity, in perpetuity, starting one month after the purchase, is equal to R
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