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Calculate the percentage interest on an investment of R300 000 that will generate regular cash flows of R40 760.39 per annum for the next ten

Calculate the percentage interest on an investment of R300 000 that will generate regular cash flows of R40 760.39 per annum for the next ten years. Show Formula.

a.6%

b.12.24%

c.6.8%

d.3.40%

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