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An investment of R 1 0 0 0 0 at an interest rate of 9 % per annum compounded quarterly was made 8 years ago.

An investment of R

10 000

at an interest rate of

9 %

per annum compounded quarterly was made

8

years ago. What amount invested

4

years ago at

12 %

compounded annually would yield the same maturity value

(

final value

) ? (6

marks

)

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