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financial maths please help 2. You have made a profit of R10 000 this year. You have to decide on the best way to invest
financial maths please help
2. You have made a profit of R10 000 this year. You have to decide on the best way to invest the money. Your bank offers you the following choices: al you can invest the money at 13% interest per annum compounded annually 5 years b) you can invest the money at 12% interest per annum compounded monthly f. 5 years. c! You can invest the money at 14% simple interest for 5 years. Do the necessary calculations to show which would be the best choiceStep by Step Solution
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