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A client wants to invest R 1 0 0 0 0 0 0 in a notice deposit for the next 8 years. He heard that

A client wants to invest R1000000 in a notice deposit for the next 8 years. He heard that the financial institution offers 7% per annum compounded yearly. What will the value of his investment be in 8 years, assuming the client makes no extra payments into the investment?
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