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Capitec Investment managers have created a revolving fund to fund young entrepreneurs. Potential beneficiaries have been asked to submit proposals to their head office. The

Capitec Investment managers have created a revolving fund to fund young entrepreneurs. Potential beneficiaries have been asked to submit proposals to their head office. The working capital finance will be capped at R55 500 at 9% per annum SIMPLE INTEREST for 10 years. Siyabonga Mthethwa decided to apply and was successfully awarded the funds. How much will he pay back at the end of the period

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