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I am planning to attend a European Champion soccer match in Brazil. The travel agent estimates the cost for the week to be R50000. If
I am planning to attend a European Champion soccer match in Brazil. The travel agent estimates the cost for the week to be R50000. If I receive 7.5% interest per annum compounded monthly, how long will it take me to save the amount if I deposit R15 000 now and R1000 thereafter at the end of every month?
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