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H M K N G E A B C + On 1 January 2019 a person has R325,120 in his savings account. He immediately starts to withdraw an amount of R7,435 at the start of every quarter. After 6.25 years of withdrawals, there is R264,202.55 left in the savings account. Calculate the effective annual interest rate applicable over this period. 6 7 8 (Select any value for ;(P)/p and complete the table. Then make use of Goal Seek to solve the interest rate.) 19 20 21 Rentekoers / Interest Rate Belegging / Investment 22 Onttrekking / withdrawal 23 FP) P)/p = 24 Eindbedrag / Final Value 25 i= 26 p= 27 Year Quarter Begin Rente Ontvang / Interest Received Einde, End 1 2 2019 3 4 2 2020 3 4 1 2 2021 3 4 2. 2022 3 4 1 2 2023 3 4 2. 2024 3 4 2025 1