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Capitec Asset Managers have offered you an investment vehicle, which will be worth R165000 if invested for 4 years at 15% compunded annually. What is

Capitec Asset Managers have offered you an investment vehicle, which will be worth R165000 if invested for 4 years at 15% compunded annually. What is the present value of the investment?
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Capitec Asset Managers have offered you an investment vehicle, which will be worth R165500 if invested for 4 years at 15% compounded annually. What is the present value of the investment? (3)

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